Transactions & Valuation Issues

A Delaware judge denied Indianapolis-based Anthem's request for a preliminary injunction Thursday to stop Bloomfield, Conn.-based Cigna from leaving the insurers' $54 billion merger deal, according to Bloomberg.

Memorial Hermann Health System, a 16-hospital system in Houston, entered into a joint venture agreement with The Woodland, Texas-based Emerus Holdings, one the nation's largest microhospital operators.

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

Hartford, Conn.-based Aetna will exit ACA exchanges in Delaware and Nebraska in 2018, marking the insurer's full exit from the individual marketplace, The Washington Post reports.

Cedars-Sinai Medical Center, an 886-bed academic medical center in Los Angeles, revealed plans to affiliate with 446-bed Torrance (Calif.) Memorial Medical Center.

Syracuse, N.Y.-based FamilyCare Medical Group has affiliated with two subsidiaries of Long Beach, Calif.-based Molina Healthcare, according to the Business Journal News Network.

The Healthcare Trust of America, which owns and operates a number of medical office buildings across the U.S., closed on a $150 million agreement to purchase a medical office building portfolio.

Houston Methodist and Evolent Health, a healthcare technology provider in Arlington, Va., will partner to develop and execute a value-based care strategy to improve services for Medicare patients.

Vero Beach, Fla.-based Indian River Medical Center officials are considering selling the medical center or making changes to its leadership team to keep the facility open and running, according to TCPalm.

Danville, Pa.-based Geisinger Health System and Pittsburgh-based Highmark, a Blue Cross Blue Shield-affiliated organization, inked a letter of intent to establish a clinical joint venture.