Transactions & Valuation Issues

Glens Falls (N.Y.) Hospital officially joined Albany (N.Y.) Med Health System as an affiliate, the two organizations announced. 

Here are 14 acquisitions, partnerships, affiliations and mergers involving health plans this year, beginning with the most recent:

Bethlehem, Pa.-based St. Luke's University Health Network has acquired Easton (Pa.) Hospital from Steward Health Care, a for-profit system based in Dallas. 

Nine transactions involving hospitals and health systems announced, finalized or advanced in the last two weeks:

An advisory group formed to consider bids for New Hanover Regional Medical Center in Wilmington, N.C., has voted unanimously to recommend the hospital pursue a partnership with Winston-Salem, N.C.-based Novant Health, according to The Charlotte Observer. 

Nine of the 14 healthcare transactions in the second quarter involved for-profit sellers, including for-profit health systems looking to reshape their portfolios, according to Kaufman Hall's M&A Quarterly Activity Report. 

The Brooklyn Hospital Center in New York City is partnering with New York Cancer & Blood Specialists to build a cancer care facility.

New Martinsville, W.V.-based Wetzel County Hospital officially joined the Morgantown-based West Virginia University Health System on July 1.

Kansas City, Mo.-based Saint Luke's Health System assumed management of Allen County Regional Hospital in Iola, Kan., on July 1, according to the Kansas City Business Journal. 

Franklin, Tenn.-based Community Health Systems has completed the sale of Northern Louisiana Medical Center in Ruston to Allegiance Health Management.