Transactions & Valuation Issues

Hartford, Conn.-based Aetna will spin off its U.S. group life and disability arm to The Hartford (Conn.), a property and casualty insurance firm, for $1.45 billion.

Stigler, Okla.-based Haskell County Community Hospital said it will have to stop accepting Blue Cross and Blue Shield of Oklahoma policies as in-network if the insurer goes through with proposed rate cuts, The Oklahoman reports.

San Francisco-based Dignity Health signed a definitive agreement to combine its subsidiary occupational medicine and urgent care services provider with Mechanicsburg, Pa.-based Select Medical's service provider Oct. 23.

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

The following were among the most-viewed transactions and valuations stories published by Becker's Hospital Review the week of Oct. 20.

  The Nevada City Council approved plans last week to begin negotiating a contract with Joplin, Mo.-based Freeman Health System to take over management of Nevada (Mo.) Regional Medical Center, according to fourstateshomepage.com.

Tulare (Calif.) Regional Medical Center, which filed for bankruptcy Sept. 30, is reportedly in talks with two health organizations to run the facility, placing the hospital in a position to break ties with its current management company early, according to…

In a recent press release from Quest Diagnostics Incorporated (NYSE: DGX), the world's leading provider of diagnostic information services, announced today financial results for the third quarter ended September 30, 2017.

Secaucus, N.J.-based Quest Diagnostics signed a definitive agreement to acquire Cleveland HeartLab, a spinoff of Cleveland Clinic, Oct. 18.

  Salt Lake City-based University of Utah Health and Nephi, Utah-based Central Valley Medical Center have partnered to provide burn care to Nephi residents via telehealth technology, according to the Daily Herald.