Transactions & Valuation Issues

The following healthcare mergers, acquisitions and general partnerships took place or were announced the week of June 26.

Franklin, Tenn.-based Community Health Systems and a group of physicians from Fort Wayne, Ind.-based Lutheran Health Network who attempted to acquire LHN from CHS have agreed to end their dispute and work together moving forward, according to WANE.

Pennsylvania Attorney General Josh Shapiro, JD, approved the integration of Danville, Pa.-based Geisinger Health System and Jersey Shore (Pa.) Hospital and Foundation.

Stony Brook (N.Y.) University Hospital and Southampton (N.Y.) Hospital will merge in August after nearly nine years of negotiations and delays in state approval, according to 27east.com.

Orlando (Fla.) Health entered into a definitive agreement with Brentwood, Tenn.-based CareSpot Urgent Care to partner on various urgent care sites across Florida.

The following were among the most-viewed transactions and valuations stories published by Becker's Hospital Review the week of June 26.

Anchorage-based Alaska Regional Hospital temporarily shuttered its primary care clinic in Mountain View, which opened last December, according to the Alaska Dispatch News.

Eleven healthcare organizations joined together to create the Philadelphia-based Strategic Regional Healthcare Organizations, The National Association, to better address patients' needs and respond to the changing industry landscape.

Deerfield, Ill.-based Walgreens Boots Alliance entered into an agreement with Burlington, N.C.-based Laboratory Corporation of America to create and manage patient service centers within select Walgreens retail clinics across the country, Forbes reports.

St. Mary-Corwin Medical Center, a 408-bed facility in Pueblo, Colo., will close its 12-bed acute inpatient rehabilitation unit Aug. 31, according to The Pueblo Chieftain.