Transactions & Valuation Issues

The following were among the most-viewed transactions and valuations stories published by Becker's Hospital Review the week of Sept. 22.

  Peoria, Ill.-based OSF HealthCare will purchase two of Chicago-based Presence Health's facilities in southern Illinois for a combined $185 million, according to The News-Gazette.

The following payers made headlines this week, beginning with the most recent.

Pittsburgh-based UPMC has expanded its Italian operations by acquiring a 50 percent ownership stake in Salvator Mundi International Hospital, a 75-bed private hospital in Rome, according to the Pittsburgh Post-Gazette.

Chicago-based Cook County Health & Hospitals System is buying a significant portion of Family Health Network's Medicaid business in Illinois, according to Crain's Chicago Business.

Indianapolis-based Anthem inked an agreement to acquire HealthSun, a Medicare Advantage health plan in Coconut Grove, Fla.

  The boards of Edgefield (S.C.) County Hospital and Greenwood, S.C.-based Self Regional Healthcare agreed to further the institutions' existing two-year partnership through an affiliation Sept. 19, according to the Index-Journal.

Tennessee Department of Health Commissioner John Dreyzehner, MD, granted Kingsport, Tenn.-based Wellmont Health System and Johnson City, Tenn.-based Mountain States Health Alliance's request for a certificate of public advantage Sept. 19.

Allentown, Pa.-based Sacred Heart HealthCare System, parent company of Allentown-based Sacred Heart Hospital, revealed plans to merge with St. Luke's University Health Network, a seven-hospital system in Bethlehem, Pa., Sept. 19.

Louisburg, N.C.-based Franklin Medical Center will reopen as a freestanding emergency department in 2018 after the Franklin County Board of Commissioners reached a lease agreement with Brentwood, Tenn.-based Duke LifePoint, according to WRAL.