Transactions & Valuation Issues

Lexington, Ky.-based Appalachian Regional Healthcare acquired Highlands Regional Medical Center, a 192-bed hospital in Prestonsburg, Ky., on Aug. 1.

Phoenix-based Banner Health plans to acquire North Colorado Medical Center in Greeley, which it has operated since 1995.

Franklin, Tenn.-based Community Health Systems has completed the sale of College Station (Texas) Medical Center and Tennova Healthcare-Lebanon (Tenn.).

Butler (Pa.) Health System and Clarion (Pa.) Healthcare System have signed a definitive agreement to merge.

The total number of healthcare mergers and acquisitions hit a record high in 2018, and dozens of deals have been announced so far this year.

Gaithersburg, Md.-based Adventist HealthCare and Howard University Hospital in Washington, D.C., have signed a letter of intent to explore a partnership agreement.

Philadelphia-based Temple University has agreed to sell Fox Chase Cancer Center and its interest in Health Partners Plan to Thomas Jefferson University in Philadelphia.

The New Hanover County board of commissioners is considering selling New Hanover Regional Medical Center in Wilmington, N.C., as the hospital's ability to continue operating independently becomes unclear, according to the Port City Daily.

In a move to expand its international presence, Sioux Falls, S.D.-based Sanford Health has acquired a minority equity stake in a health system in Costa Rica.

Hospital merger and acquisition deal volume and spending was up year over year in the second quarter of 2019, but the pace of for-profit hospital divestitures is slowing, according to data from HealthCareMandA.com.