Transactions & Valuation Issues

The Federal Trade Commission will sue to block Edison, N.J.-based Hackensack Meridian Health's acquisition of Englewood (N.J.) Health.

Lumberton, N.C.-based Southeastern Health is the 12th member of Chapel Hill, N.C.-based UNC Health under a deal the organizations recently finalized.

Columbus, Ohio-based Nationwide Children's Hospital will acquire a pediatric hospital from Cincinnati-based Bon Secours Mercy Health, the organizations said Dec. 3. The transaction will occur Jan. 1, 2022. 

HonorHealth and FastMed Urgent Care have formed a joint venture to manage 30 Arizona urgent care clinics, the Phoenix-based companies said Dec. 2.

Tampa (Fla.) General Hospital and Tampa-based USF Health have created a joint office of clinical research to combine resources and work more closely on clinical trials, the organizations announced Nov. 30. 

Columbia, Md.-based MedStar Health has acquired Righttime Medical Care, adding 19 urgent care centers and 300 employees to its network. 

An international affiliate of Dallas-based Steward Health Care System has acquired three hospitals in Colombia, the system announced Nov. 25. 

A merger between Cigna and Anthem failed because Cigna's CEO and board intentionally sabotaged the proposed $48 billion deal, according to an unsealed lawsuit filed by Cigna investors.

Salt Lake City-based Intermountain Healthcare and Sioux Falls, S.D.-based Sanford Health have proposed merging into a 70-hospital system.

Virginia Mason Memorial, a 256-bed hospital in Yakima, Wash., is transitioning back to an independent hospital and reverting to its old name, according to the Yakima Herald-Republic.