Transactions & Valuation Issues

Several leaders of healthcare organizations on Hospital Hill in Kansas City, Mo., signed a memo to launch a health sciences district, which would enable them to join forces on research, recruitment and security, The Kansas City Star reports.

The following healthcare mergers, acquisitions and general partnerships took place or were announced the week of May 15.

McLaren (Mich.) Greater Health signed an agreement to participate in the Grand Rapids, Mich.-based Spectrum Health Helen DeVos Children's Hospital's Partners in Children's Health network, according to an MLive report.

In communities across America — large and small — local hospitals serve a purpose that goes beyond being a center for on-demand emergency care. Our nation's healthcare facilities have a legacy and responsibility as leaders and guardians for the health…

Medical staff at Fort Wayne, Ind.-based Lutheran Health Network is showing support for a sale of Lutheran from Franklin, Tenn.-based Community Health Systems, reports The News-Sentinel.

Boston-based Steward Health Care has signed a definitive agreement to acquire Franklin, Tenn.-based IASIS Healthcare.

Patrick Maloney, president and CEO of three Franciscan Health hospitals, said a proposed merger between Gary, Ind.-based Methodist Hospitals and Mishawaka, Ind.-based Franciscan is not finalized, and numerous issues are still under consideration, reports The Times of Northwest Indiana.

Cambridge, Mass.-based Mount Auburn Hospital will join a proposed merger between Boston-based Beth Israel Deaconess Medical Center and Burlington, Mass.-based Lahey Health, The Boston Globe reports.

Brentwood, Tenn.-based Quorum Health, the 35-hospital spinoff of Franklin, Tenn.-based Community Health Systems, is focused on restructuring its portfolio to improve financial performance.

Fort Wayne, Ind.-based Lutheran Health Network could potentially get new ownership, reports The News-Sentinel.