Transactions & Valuation Issues

The frenzied pace at which hospitals and health systems are engaging in merger and acquisition activity reveals a "frantic attempt" to "control" patient populations and the facilities patients go to for care, according to a report by The New York…

Jackson-based University of Mississippi Medical Center and Meridian, Miss.-based Anderson Regional Health System signed a three-year affiliation agreement, UMMC announced Dec. 19, according to The Meridian Star.

Louisville, Ky.-based KentuckyOne Health and Lexington, Ky.-based Appalachian Regional Healthcare signed a letter of intent to enter into exclusive negotiations for the sale of Saint Joseph Martin, a 25-bed critical access hospital in Martin, Ky., Dec. 19.

Coudersport, Pa.-based Cole Memorial Hospital's board of directors approved an agreement Dec. 14 to integrate with Pittsburgh-based UPMC, The Bradford Era reports.

Position Summary The President and CEO of Glencoe Regional Health Services is responsible for strategic long-range planning, program development and modification, and coordination of all activities for the Glencoe health system.

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

New Orleans-based Ochsner Health System reportedly reached a tentative agreement to assume operations of Louisiana’s safety-net hospitals in Monroe and Shreveport, according to The News Star.

Humana and two private equity firms signed a definitive agreement Dec. 19 to acquire Kindred Healthcare, a Louisville, Ky.-based acute care provider, for $4.1 billion in cash including assumption of debt.

Camden, N.J.-based Cooper University Health Care declared Dec. 15 the health system will no longer pursue its proposed acquisition of Livonia, Mich.-based Trinity Health's assets in New Jersey.

The boards of Pittsburgh, Pa.-based Highmark Health and Hershey, Pa.-based Penn State Health agreed to form a strategic partnership Dec. 15.