Transactions & Valuation Issues

A "clear majority" of regional officials and residents reaffirmed their support for the proposed merger between Kingsport, Tenn.-based Wellmont Health System and Johnson City, Tenn.-based Mountain States Health Alliance during the state's probable final meeting on the issue July 18,…

Harrisburg, Pa.-based PinnacleHealth inked a deal to affiliate with AllBetterCare Urgent Care Center, which maintains locations in Carlisle, Harrisburg and Mechanicsburg, Pa.

Owensboro (Ky.) Health became the seventh hospital to join the Lexington-based University of Kentucky Markey Cancer Center Research Network.

Columbia, Mo.-based MU Health Care is selling 35 percent minority interest in Fulton (Mo.) Medical Center, according to a Columbia Daily Tribune report.

A local clinic stepped in to provide healthcare services to residents 17 days after Crockett, Texas-based Timberlands Hospital shuttered late last month, according to KTRE-9 News.

Macon, Ga.-based Navicent Health signed a temporary agreement to manage Oconee Regional Medical Center, a 140-bed hospital in Milledgeville, Ga., according to The Union-Recorder.

Madison, N.J.-based Quest Diagnostics completed its acquisition of Med Fusion and ClearPoint Diagnostic Laboratories, both laboratory operations in Lewisville, Texas.

Vero Beach, Fla.-based Indian River Medical Center selected Chicago-based Juniper Advisory, an investment banking firm, to help facilitate a new partnership by the end of the year, according to the TC Palm.

Warren Beck, a healthcare advisory services leader at public accounting, consulting and technology firm Crowe Horwath, witnessed numerous changes throughout his more than 25-year career in the healthcare industry — particularly with regard to mergers and acquisitions.

County records indicate Harrisburg, Pa.-based PinnacleHealth paid at least $66 million for two of the four hospitals it purchased from Franklin, Tenn.-based Community Health Systems June 30, Lancaster Online reports.