Transactions & Valuation Issues

State and community leaders are asking Providence, R.I.-based Care New England to consider an offer to purchase the shuttered Pawtucket, R.I.-based Memorial Hospital, according to WPRI.com.

The Elizabethtown, Ky.-based Hardin Memorial Hospital board of trustees voted May 22 to approve the health system's sale to Louisville, Ky.-based Baptist Health.

Insurance giant Anthem plans to acquire Aspire Health, a palliative care provider based in Nashville, Tenn.

Rochester, Minn.-based Mayo Clinic Health System has sold Health Tradition Health Plan, an HMO plan, to WEA Insurance Corp., which is owned by WEA Trust.

Six months after receiving the state attorney general's approval, the merger between Sandy Springs, Ga.-based Northside Hospital healthcare system and Lawrenceville, Ga.-based Gwinnett Medical Center healthcare network remains unfinished, according to Reporter Newspapers.

Green Bay, Wis.-based Bellin Health Systems and Iron Mountain, Mich.-based Dickinson County Healthcare System terminated their asset purchase agreement May 21, according to TV NBC 6.

The Miami Medical Center filed for Chapter 11 bankruptcy protection in March, and the 67-bed hospital is slated to be sold in auction in late June.

The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the week of May 14.

The Tulare Local Healthcare District plans to obtain a request to seek proposals from various healthcare organizations interested in partnering with the district to reopen Tulare (Calif.) Regional Medical Center, which closed last October, according to The Porterville Recorder.

Nashville, Tenn.-based HCA Healthcare and KKR & Co., a New York City-based private equity firm, have teamed up to make an offer for Nashville-based physician services provider Envision Healthcare, sources told Reuters.