Transactions & Valuation Issues

An outright sale of East Jefferson General Hospital has emerged as the favored option in partnership discussions between New Orleans-based LCMC Health and the Metairie, La.-based public hospital, according to people familiar with the negotiations cited by NOLA.com

Private equity took the heat as members of Congress questioned the industry's effect on retailers and hospitals during a House Financial Services Committee hearing Nov. 19, according to CBS News.

The total number of healthcare mergers and acquisitions hit a record high in 2018, and there were more than 400 deals announced in the third quarter of this year.

Brentwood, Tenn.-based Quorum Health was a 38-hospital system when it spun off from Franklin, Tenn.-based Community Health Systems in 2016. That number may shrink to 20 early next year, according to the Nashville Post.

Wentworth-Douglass Hospital in Dover, N.H., and Exeter (N.H.) Health Resources are launching a public engagement effort seeking to gain support for a merger with Massachusetts General Hospital, according to fosters.com.

Dallas-based Steward Health Care System will divest its managed care plans in Arizona to Blue Cross Blue Shield of Arizona, the organizations said Nov. 7.

Indianapolis-based Community Health Network has acquired addiction treatment provider Fairbanks.

The proposed merger of Mayo Regional Hospital and Northern Light Health took a step forward this week after it gained preliminary support from Maine health regulators, according to the Bangor Daily News.

Welltower, a real estate investment trust based in Toledo, Ohio, has entered into a definitive agreement to acquire a 29-property medical office building portfolio from Milwaukee-based Hammes Partners.

Pittsburgh-based UPMC is expanding operations in Ireland with the acquisition of its second hospital.