Transactions & Valuation Issues

For-profit hospital operator Prospect Medical Holdings said it is conducting a strategic review of Springfield, Pa.-based Crozer Health but that it may not result in a sale of the four-hospital system as previously reported, according to the Philadelphia Business Journal.

Wauwatosa, Wis.-based Froedtert Health acquired an 80 percent controlling interest of Manitowoc, Wis.-based Holy Family Memorial for $29.9 million, according to the health system's recent financial disclosure.

Five transactions involving hospitals and health systems have been announced, finalized or advanced since Oct. 15:

Prospect Medical Holdings, a for-profit hospital operator based in Los Angeles, is planning to sell Springfield, Pa.-based Crozer Health, The Philadelphia Inquirer reported Oct. 21.

Ascension and AdventHealth are unwinding their Amita Health partnership after working together for nearly seven years, the organizations announced Oct. 21. 

Princeton (W.Va.) Community Hospital is slated to become West Virginia University Health System's 17th hospital. 

LifePoint Health met with Yuma, Ariz., community members Oct. 20 as it hopes to acquire nonprofit Yuma Regional Medical Center, a move some are concerned would be bad news for the community, KYMA reported Oct. 20.

The Federal Trade Commission is facing a "tidal wave" of merger filings this year that are straining agency resources and causing hiccups for some merging entities.

A physician’s impact on financial operations, patient care and an organization’s culture make physician alignment critical for any healthcare organization to succeed.

Mercy Health-Springfield (Ill.) announced a new affiliation with the Columbus-based Ohio State University Comprehensive Cancer Center, which will allow those in Clark and Champaign counties to stay close to home while receiving care from OSUCCC.