Transactions & Valuation Issues

Orlando (Fla.) Health on July 1 completed its acquisition of St. Cloud (Fla.) Regional Medical Center from Franklin, Tenn.-based Community Health Systems. 

Guidance on vertical mergers got its first major overhaul from the Federal Trade Commission and the U.S. Department of Justice in more than 35 years under new joint guidelines published June 30.

Twenty-two parties interested in purchasing some or all of Americore Holdings' assets have signed nondisclosure agreements, according to a Chapter 11 trustee status report published June 17. Americore Holdings is a Florida-based three-hospital network that filed for bankruptcy in December.

A subsidiary of Centene Corp. is going to acquire the membership of NextLevel Health Partners, an Illinois Medicaid plan, the insurers said June 30.

Franklin, Tenn.-based Community Health Systems became the largest for-profit hospital operator in the nation in 2014 when it acquired Naples, Fla.-based Health Management Associates. Now, the company is selling off hospitals to pay down its debt.

In a bid to affiliate with or own New Hanover Medical Center in Wilmington, N.C., Novant Health signed a letter of intent to partner with UNC Health and its medical school. The organizations have now released additional details about the…

Franklin, Tenn.-based Community Health Systems announced June 25 that it has signed a definitive agreement to sell Bayfront Health St. Petersburg (Fla.) to Orlando (Fla.) Health. 

CommonSpirit Health announced June 24 that it has partnered with Paladina Health to offer direct-to-employer primary care in regions served by CommonSpirit. 

Brentwood, Tenn.-based Quorum Health has completed its divestiture of Galesburg (Ill.) Cottage Hospital, according to WGIL. 

New Orleans-based Ochsner Health has entered into a strategic partnership agreement with Gulfport, Miss.-based Singing River Health System.