Transactions & Valuation Issues

Winston-Salem, N.C.-based Novant Health was one of three major health systems competing to expand in North Carolina by securing a deal to partner with or own New Hanover Regional Medical Center in Wilmington, N.C. Recently, Novant Health received the answer…

A hospital operator has agreed to pay $18.5 million to acquire St. Alexius Hospital in St. Louis, one of the facilities owned by Americore Holdings when it filed for Chapter 11 bankruptcy last year, according to the St. Louis Business…

St. Louis-based SSM Health plans to sell its hospital in Mexico, Mo., to Kansas City, Mo.-based Noble Health, according to ABC 17.

Wyoming Medical Center in Casper would join Phoenix-based Banner Health under a proposed deal announced July 14 worth more than $200 million. 

Charlotte, N.C.-based Atrium Health and the Abu Dhabi Health Services Company, one of the largest healthcare providers in the United Arab Emirates, have established a surgical fellowship program to enhance the training of international surgeons. 

An investor and former member of West Palm Beach, Fla.-based Rennova Health's board now owns a controlling stake of the hospital operator, according to WBIR, which cited a July 8 filing with the Securities and Exchange Commission.

Winston-Salem, N.C.-based Novant Health was selected as the new partner for New Hanover Regional Medical Center in Wilmington, N.C. 

McLaren Health Care, a 14 hospital system in Grand Blanc, Mich., received approval from the Ohio Attorney General's Office to acquire St. Luke's Hospital in Maumee, Ohio.

Orlando (Fla.) Health's proposed takeover of Bayfront Health St. Petersburg (Fla.) Hospital from Community Health Systems has received approval from the St. Petersburg City Council, according to the Tampa Bay Business Journal. 

Evanston, Ill.-based NorthShore University HealthSystem has entered into an agreement to acquire Northwest Community Healthcare, a single-hospital system based in Arlington Heights, Ill.