Transactions & Valuation Issues

While a federal judge prepares a hearing for the settlement that allowed CVS Health to acquire Aetna, another judge said overturning the deal at this point could be "catastrophic" to the industry, according to Fox Business.

The federal judge reviewing an agreement between the government and CVS Health, which allowed the pharmacy chain to purchase Aetna, said April 5 he wants to hold a hearing for opponents of the deal, according to Reuters.

LaGrangeville, N.Y.-based Health Quest and Danbury-based Western Connecticut Health Network have combined to form a new nonprofit health system called Nuvance Health.

Advocate Aurora Health has assumed full ownership of Bay Area Medical Center in Marinette, Wis.

University of Louisville (Ky.) is extending its timeline to find a joint-venture partner to purchase and operate KentuckyOne facilities based in Louisville, including Jewish Hospital, after an initial request for proposals did not result in potential partnerships, according to the…

  Cumberland, Md.-based Western Maryland Health System has signed a nonbinding letter of intent with Pittsburgh-based UPMC to pursue a merger.

Community Health Systems signed a definitive agreement to sell Tennova Healthcare-Lebanon (Tenn.) to Nashville, Tenn.-based Vanderbilt University Medical Center.

  Lansing, Mich.-based Sparrow Health System and Michigan Medicine in Ann Arbor have signed an affiliation agreement that will pave the way for collaboration between the organizations.

Henry Ford Health System and Wayne State University, both based in Detroit, are no longer in affiliation talks, according to Crain's Detroit Business.

Milford (Conn.) Hospital entered merger talks with Bridgeport (Conn.) Hospital, part of Yale New Haven Health, last year. This week, state lawmakers said the future of Milford Hospital depends on the deal closing, according to Patch.