Transactions & Valuation Issues

Washington, D.C.-based MedStar Health has partnered with primary care startup One Medical to expand access to primary and specialty care. 

Beaumont Health announced it is in partnership talks with Advocate Aurora Health on June 17, less than one month after canceling a plan to merge with Akron, Ohio-based Summa Health. 

Nashville, Tenn.-based HCA Healthcare has entered into an agreement to sell Garden Park Medical Center in Gulfport, Miss., to Singing River Health System.

Three health systems are competing to expand their footprint in North Carolina by securing a deal to partner with or own New Hanover Regional Medical Center in Wilmington, N.C. 

A secured lender made a bid to take over Americore Holdings and its affiliates last week, less than six months after the hospital chain entered Chapter 11 bankruptcy, according to Bloomberg Law. 

Several healthcare organizations recently closed medical units or terminated services to shore up finances, focus on more in-demand services or prevent patient care lapses. Here are five that have announced or completed closures in the last month. 

Seattle-based UW Medicine will no longer be in Cigna's network if the organizations don't negotiate a new contract before August.

Charlotte, N.C.-based Atrium Health committed to spending $3.1 billion to enter into a long-term lease and make improvements to New Hanover Regional Medical Center in Wilmington, N.C.

Novant Health presented its proposal June 10 to partner with New Hanover Regional Medical Center, a county-owned hospital in Wilmington, N.C. The Winston-Salem, N.C.-based health system is one of three organizations interested in securing the deal. 

Toledo, Ohio-based ProMedica has made a bid to assume the day-to-day operations of University of Toledo Medical Center.