Transactions & Valuation Issues

The U.S. Justice Department sued to block Danville, Pa-based Geisinger's partial acquisition of a 132-bed hospital in Lewisburg, Pa. 

The Petaluma Health Care District board approved a letter of intent to sell Petaluma (Calif.) Valley Hospital to an affiliate of Renton, Wash.-based Providence St. Joseph Health, according to local newspaper Petaluma360.

Large health systems with multiple subsidiaries aren't more likely to adopt care delivery and payment reforms than smaller systems, according to new research published in Health Affairs.

Seventy-two percent of hospitals in the U.S. were affiliated with a health system in 2018, according to a study published Aug. 3 in Health Affairs. 

Twenty-eight transactions involving hospitals and health systems announced, finalized or advanced since July 1:

Marshfield (Wis.) Clinic Health System completed its acquisition of two hospitals from Ascension Wisconsin.

New documents filed with regulators show Trinity Health tried for 18 months to sell Mercy Hospital and Medical Center in Chicago or find it a partner, according to WBEZ. There were no takers. The South Side hospital will close between…

War Memorial Hospital, an independent hospital in Sault Ste. Marie, Mich., is considering joining a health system after facing some financial challenges, according to UpNorthLive. 

The district overseeing Petaluma (Calif.) Valley Hospital has proposed selling the 80-bed facility to an affiliate of Renton, Wash.-based Providence St. Joseph Health. The proposal comes after several failed attempts to find a hospital operator to lease it. 

San Antonio-based Methodist Healthcare plans to buy five freestanding emergency departments in Texas, according to The San Antonio Business Journal.