Transactions & Valuation Issues

The following were among the most-viewed transactions and valuations stories published by Becker's Hospital Review the week of July 10.

Rob and Deborah Petrie, who own a hotel and restaurant in Sitka, Alaska, expressed interest in purchasing Sitka (Alaska) Community Hospital, according to KTOO Public Media.

Hermiston, Ore.-based Good Shepherd Medical Group acquired Gifford Medical Center, also in Hermiston, June 30.

Baltimore-based University of Maryland Medical Center's board of directors approved entering into an affiliation agreement with Dimensions Health, a Maryland system serving residents of Prince George's County.

The following payers made headlines this week, beginning with the most recent.

Fort Myers, Fla.-based Lee Health may end its in-network contract with WellCare Health Plans, a Tampa, Fla.-based Medicaid managed care provider, in 2019, The News-Press reports.

Six large-scale healthcare transactions reported by Becker's Hospital Review since Jan. 1 are awaiting regulatory approval by federal and state officials.

The Congregation of Sisters of St. Agnes signed a letter of intent to transfer sponsorship of Agnesian HealthCare, a three-hospital system in Fond du Lac, Wis., and Monroe (Wis.) Clinic to St. Louis-based SSM Health.

The Walker County Hospital District board of managers unanimously approved a motion to postpone a vote to terminate Huntsville-based Walker County Hospital Corp.'s agreement to manage Huntsville (Texas) Memorial Hospital, according to The Huntsville Item.

Tulsa-based Blue Cross and Blue Shield of Oklahoma's contracts with three Kansas City, Mo.-based Rural Community Hospitals of America subsidiaries expired July 1 following failed negotiations, according to NewsOK.