Transactions & Valuation Issues

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.

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: