Transactions & Valuation Issues

Prestonsburg, Ky.-based Highlands Health System and Lexington, Ky.-based Appalachian Regional Healthcare have signed a letter of intent to merge.

Englewood, Colo.-based Catholic Health Initiatives officials said the health system is conducting the final stages of the due diligence process to align with San Francisco-based Dignity Health.

The Federal Trade Commission approved the amended merger agreement between Deerfield, Ill.-based Walgreens Boots Alliance and Camp Hill, Pa.-based Rite Aid Sept. 19 after nearly two years of negotiations.

Fulton (Mo.) Medical Center will no longer close after scoring a buyer less than one week before it was slated to shut down, according to the Columbia Daily Tribune.

Virginia State Health Commissioner Marissa Levine, MD, agreed to delay issuing a decision on the proposed merger between Kingsport, Tenn.-based Wellmont Health System and Johnson City, Tenn.-based Mountain States Health Alliance until the end of the month, according to WCYB-5…

More than six months after proposed Anthem-Cigna and Aetna-Humana mergers collapsed, four economists testifying in the cases met in Chicago to discuss the deals' sticking points and implications.

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

Deerfield, Ill.-based Walgreens Boots Alliance is in negotiations to revise its previous agreement to purchase individual Camp Hill, Pa.-based Rite Aid stores to satisfy the Federal Trade Commission's antitrust concerns, sources familiar with the matter told Bloomberg.

Hospitals and health systems nationwide embarked on a significant buying spree of physician practices over the last few years.

Maumee, Ohio-based Paramount Health, an affiliate of Toledo, Ohio-based ProMedica, signed an agreement Sept. 15 to acquire Health Resources, a dental benefit provider in Evansville, Ind.