Transactions & Valuation Issues

UCLA Health in Los Angeles and Dallas-based AccentCare inked an agreement Aug. 7 to form a jointly owned home health services agency.

InTouch Health, the leading enterprise telehealth platform, announced today a partnership agreement with Cardiovascular Institute of the South (CIS) to provide remote medical services geared towards emergent and general cardiology expertise in acute settings, adding a fourth service line to…

Cincinnati Children's Hospital Medical Center and UK HealthCare's Kentucky Children's Hospital in Lexington resumed their joint cardiothoracic care services program after a five year suspension, according to Smiley Pete Publishing.

Fresenius Medical Care, a German medical supply producer, inked an agreement to acquire Lawrence, Mass.-based NxStage Medical, a producer of medical products for dialysis patients.

Peoria, Ill.-based OSF HealthCare signed a letter of intent with Chicago-based Presence Health to take ownership of two Illinois hospitals — Presence Covenant Medical Center in Urbana and Presence United Samaritans Medical Center in Danville.

Nashville, Tenn.-based Envision Healthcare, the product of the 2016 AmSurg and Envision Healthcare Holdings merger, sold its ambulance business to global investment firm KKR for $2.4 billion in cash.

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

CHI Memorial Hospital Chattanooga (Tenn.), part of Englewood, Colo.-based Catholic Health Initiatives, signed an agreement Aug. 7 to assume management operations at Fort Oglethorpe, Ga.-based Cornerstone Medical Center.

Louisville, Ky.-based Norton Healthcare and Frankfort-based Kentucky Primary Care Association entered into an agreement Aug. 7 to improve care for residents across the state.

San Francisco-based Dignity Health and UC San Francisco Medical Center formalized an affiliation agreement Aug. 8 to expand and improve care for residents in the San Francisco Bay Area.