Transactions & Valuation Issues

With news of the potential sale of Topeka, Kan.-based St. Francis Health, officials at Washburn University, also in Topeka, are unsure if the hospital's nursing partnership with the university will continue, according to KSNT News.

The following healthcare mergers, acquisitions and general partnerships took place or were announced the week of May 8.

Erlanger Health System, a five-hospital system in Chattanooga, Tenn., is in talks to partner with 25-bed Murphy (N.C.) Medical Center, according to the Times Free Press.

Newburyport, Mass.-based Anna Jaques Hospital is the third health system to join the proposed merger between Boston-based Beth Israel Deaconess Medical Center and Burlington, Mass.-based Lahey Health, bringing the total number of health systems interested in merging up to five.

Brentwood, Tenn.-based Quorum Health Corp., signed a definitive agreement Friday to sell two hospitals in Tennessee.

Indianapolis-based Anthem terminated its merger agreement with Bloomfield, Conn.-based Cigna, ending the insurers' attempt to create one of the largest payers in America.

A bill that would have eliminated the certificate of need law in Florida failed to pass the state legislature, according to the Palm Beach Post.

After a four-year fight to gain federal regulatory approval for their proposed merger, Santa Barbara, Calif.-based Cottage Health and Sansum Clinic, also in Santa Barbara, called off the deal, according to Noozhawk.

The following were among the most-viewed transactions and valuations stories published by Becker's Hospital Review the week of May 8.

Louisville-based KentuckyOne Health is seeking new owners and operators for more than 10 entities. The changes will ultimately leave KentuckyOne as a seven-hospital system.