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Transactions & Valuation Issues

Orlando-based Florida Hospital is discussing the possibility of acquiring and rebranding the Sanford Burnham Prebys Medical Discovery Institute at Lake Nona, also in Orlando, sources close to the matter told the Orlando Sentinel.

Union Hospital, a more than 100-bed nonprofit facility in Dover, Ohio, signed a letter of intent to join the Cleveland Clinic health system.

A frequently cited solution to reducing rising healthcare costs is to place patients in the lowest cost setting of care.

As many as 200 Lutheran Health Network physicians walked out of a meeting with Lutheran's parent company Franklin, Tenn.-based Community Health Systems Monday. The meeting was held just after the for-profit operator rejected the LHN physician group's $2.4 billion offer…

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Health officials in Virginia and Tennessee said they expect to issue a decision on the proposed merger between Johnson City, Tenn.-based Mountain States Health Alliance and Kingsport, Tenn.-based Wellmont Health by the end of September, according to The Roanoke Times.

Envision Physician Services, the physician services arm of Greenwood Village, Colo.-based Envision Healthcare Corp., acquired Gwinnett Emergency Specialists, a 70-member emergency medicine physician group practice in Lawrenceville, Ga.

Franklin, Tenn.-based Community Health Systems refused a local physician group's offer to purchase Lutheran Health Network, an eight-hospital system in Fort Wayne, Ind. The for-profit hospital operator said the group "failed to satisfy any reasonable criteria of a legitimate offer,"…

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