Transactions & Valuation Issues

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

Orlando (Fla.) Health and Lafayette, La.-based LHC Group have signed a definitive agreement to form a joint venture to provide home health and community-based healthcare services in Florida. 

Penn State Health has signed a definitive agreement to acquire Holy Spirit Health System in Camp Hill, Pa., from Geisinger Health. 

About 40 parties said they were interested in submitting bids to purchase, lease or manage the University of Toledo (Ohio) Medical Center, according to the Toledo Blade.

Duluth, Minn.-based Essentia Healthcare reached an agreement to assume operations of  Moose Lake, Minn.-based Mercy Hospital in August, according to CBS Duluth. 

Fourteen transactions involving hospitals and health systems announced, finalized or advanced since June 1:

Louisville, Ky.-based Kindred Healthcare and Landmark Medical Center in Woonsocket, R.I., a subsidiary of Ontario, Calif.-based Prime Healthcare, have entered into a definitive agreement to form a joint venture that would own and operate a rehabilitation hospital. 

Eastern Niagara Hospital in Lockport, N.Y., partnered with the Dent Neurologic Institute on neurological services, according to The Buffalo News. 

Advocate Aurora Health and Beaumont Health announced June 17 that they have signed a nonbinding letter of intent to create a health system spanning Michigan, Wisconsin and Illinois. 

Charlotte, N.C.-based Atrium Health, working to secure a deal to partner with or own New Hanover Regional Medical Center in Wilmington, N.C., submitted a second proposal June 17, according to local news station WECT. The new offer includes $2 billion…