Transactions & Valuation Issues

Sioux Falls, S.D.-based Sanford Health and Marshfield (Wis.) Clinic Health System have signed an affiliation to combine.

U.S. Bankruptcy Court Judge Christopher Lopez has approved Santa Fe Springs, Calif.-based College Health Enterprises, a healthcare management company, as interim manager for Phoenix-based St. Luke's Behavioral Health Center in an Oct. 22 hearing. 

Norton Travis, a healthcare attorney with more than 40 years of experience, joined Rivkin Radler, a New York City-based healthcare law firm, as counsel in the firm's Health Services Practice Group.

Jersey City, N.J.-based CarePoint Health, a three-hospital system, and Hudson Regional Hospital in Secaucus, N.J., plan to affiliate under a management services organization known as Hudson Health System.

Two health systems are taking over urgent care clinics previously managed by Optum's MedExpress Urgent Care.

Ontario, Calif.-based Prime Healthcare plans to acquire nine Illinois hospitals and various post-acute facilities from St. Louis-based Ascension for a base purchase price of $375.8 million, a spokesperson for the health system confirmed to Becker's.

WoodBridge Healthcare, a nonprofit organization, has received the necessary approvals to borrow $180 million for the acquisition of CommonWealth Health, a three-hospital system in Pennsylvania, from Franklin, Tenn.-based Community Health Systems. 

Aurora, Colo-based UCHealth signed a letter of intent on Oct. 3 for Estes Park (Colo.) Health to join UCHealth in 2025.

Columbia, Mo.-based Boone Health and local officials signed a letter of intent Oct. 14 to develop a Medicare-certified critical access hospital in Mexico, Mo.

Quest Diagnostics, a laboratory services business, has completed its purchase of select laboratory assets from Columbus-based OhioHealth.