Transactions & Valuation Issues

Minneapolis-based Medica, a health insurer, will acquire Mayo Clinic Health Solutions, a division of Rochester, Minn.-based Mayo Clinic.

Atlanta-based Northside Hospital and Lawrenceville, Ga.-based Gwinnett Health System submitted their merger proposal to the State of Georgia Office of the Attorney General for review Aug. 17.

Quest Diagnostics Reports Second Quarter 2017 Financial Results, Raises 2017 Financial Outlook Second quarter revenues of $1.94 billion, up 1.9% on a reported basis and up 2.3% on an equivalent basis versus 2016.

Cleveland-based KeyBanc Capital Markets has entered into a definitive agreement to acquire New York City-based Cain Brothers & Co., a healthcare focused investment banking and public finance firm.

Elizabethtown, Ky.-based Hardin Memorial Health's board of trustees agreed to sign a letter of intent to consolidate with Baptist Health, a nine-hospital system in Louisville, Ky., Aug. 15.

Thomas Graham, MD, senior vice president and chief strategic alliance and partnership officer at New Hyde Park, N.Y.-based Northwell Health, says hospitals and health systems should work to forge durable, structured relationships with like-minded organizations.

A U.S. bankruptcy judge tentatively approved the sale of several properties belonging to North Philadelphia Health System for $10.25 million Aug. 15, philly.com reports.

Pensacola-based West Florida Hospital, part of Pensacola-based West Florida Healthcare, will undergo a $7 million to $10 million expansion to open a pediatric care wing as a result of West Florida Healthcare's partnership with Jacksonville, Fla.-based Nemours Children's Specialty Care,…

Gundersen Health System, a four-hospital system in La Crosse, Wis., acquired Moundview Memorial Hospital & Clinics in Friendship, Wis., Aug. 14.

The New York State Department of Health approved an agreement allowing Tarrytown, N.Y.-based Visiting Nurse Association of Hudson Valley to join New Hyde Park, N.Y.-based Northwell Health's home care network.