There are several ways healthcare assets can be assessed for mergers and acquisitions, and for other situations and events where a valuation is needed.
Transactions & Valuation Issues
War Memorial Hospital, a 49-bed facility in Sault Ste. Marie, Mich., has signed an agreement to join Midland-based MidMichigan Health.
Kearney (Neb.) Regional Medical Center is exploring a deal to join Lincoln, Neb.-based Bryan Health, according to the Lincoln Journal Star.
Privia Health Group, a technology-driven physician enablement company based in Arlington, Va., entered two new partnerships that will add 430 providers to its network.
nThrive, a healthcare revenue cycle management software-as-a-service platform, has signed a definitive agreement to acquire TransUnion Healthcare, the healthcare data and analytics business of TransUnion.
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Brentwood, Tenn.-based LifePoint Health and Louisville, Ky.-based Kindred Healthcare will establish a new healthcare company with 79 hospital campuses when their deal is complete, the companies said Oct. 26.
The Federal Trade Commission announced Oct. 25 it is restoring its practice of requiring companies that previously pursued an anticompetitive merger to get prior approval for future transactions.
In the last six months, several health systems have canceled plans to merge, acquire a hospital or unwind an existing partnership.
Oct. 29 marks the deadline for Cigna and Baylor St. Luke's Medical Center in Houston to reup their contract, which affects 70,000 members.
Syracuse, N.Y.-based St. Joseph's Health, a 431-bed, Trinity Health-owned hospital, is the latest in the network to alert patients of a looming contract termination deadline.