Transactions & Valuation Issues

Nashville, Tenn.-based HCA Healthcare has sold Garden Park Medical Center in Gulfport, Miss., to Singing River Health System.

Lafayette (La.) General Health, a seven-hospital system, has completed its merger with New Orleans-based Ochsner Health System, roughly one year after they signed a letter of intent to combine. 

Cigna is significantly expanding its Medicare Advantage footprint for the 2021 open enrollment period, the insurer said Oct. 1.

Walmart is partnering with Medicare Advantage insurer Clover Health on its first health insurance plans. They'll be open to half a million people across eight counties in Georgia.

Franklin, Tenn.-based Community Health Systems completed the divestiture of its hospital in St. Petersburg, Fla., on Oct. 1 and entered into agreements to sell hospitals in Tennessee. 

A new narrow-network health plan between UnitedHealthcare and two large Kansas City, Mo.-based providers could save employers up to 15 percent on monthly premiums, the insurer said Sept. 29.

Three lawmakers representing Royal Oak, Mich., are warning against the proposed merger of Beaumont Health and Advocate Aurora Health, according to The Daily Tribune.  

A state judge blocked a last-minute attempt to stall a vote on Novant Health's $5.3 billion deal to purchase New Hanover Regional Medical Center in Wilmington, N.C., according to The Winston-Salem Journal.

Molina Healthcare entered into a definitive agreement to buy most of Affinity Health Plan's assets for about $380 million, the insurer said Sept. 29.

UnitedHealth Group is in advanced talks to buy an online Illinois pharmacy startup called DivvyDose for about $300 million, people familiar with the matter told Bloomberg.