Transactions & Valuation Issues

PeaceHealth has signed a definitive agreement to acquire four clinics in Vancouver, Wash., from Providence. 

St. Cloud, Minn.-based CentraCare has shared plans to purchase CentraCare-Monticello (Minn.) Hospital from the Monticello Hospital District Board for $2 million.

Six Steward hospitals in Massachusetts were among 16 hospitals that came under new ownership on Oct. 1: 

San Antonio-based Methodist Healthcare has acquired San Antonio Rehabilitation Hospital from NewEra IRF Holdings, an integrated commercial real estate development and capital investment company.

Worcester, Mass.-based UMass Memorial Health has acquired Milford (Mass.) Regional Medical Center and the Milford Regional Physician Group as part of a new corporate affiliation.

Bellevue, Wash.-based Overlake Medical Center & Clinics has officially joined Tacoma, Wash.-based MultiCare Health System.

California Gov. Gavin Newsom vetoed a bill that would have given the state's attorney general the authority to review and veto private equity healthcare deals deemed bad for patients and consumers, NPR affiliate KQED reported Sept. 30. 

Detroit-based Henry Ford Health and Ascension Michigan have officially launched their joint venture to improve healthcare access, experience and outcomes. 

Dallas-based Tenet Healthcare has completed the sale of its 70% majority ownership interest in Birmingham, Ala.-based Brookwood Baptist Health to Orlando (Fla.) Health. 

Iredell Health System acquired Davis Regional Psychiatric Hospital and Davis Regional Medical Center in Statesville, N.C., from Franklin, Tenn.-based Community Health Systems, effective Oct. 1.