Transactions & Valuation Issues

Oxford Finance LLC ("Oxford"), an industryleading specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced the closing of a $20 million senior secured term loan with Cerapedics Inc.

Dayton, Ohio-based Premier Health and Minnetonka, Minn.-based UnitedHealthcare settled an in-network contract for Medicare Advantage policyholders through the end of 2017, but the parties have yet to negotiate terms for individual and employer-based health plans, Dayton Daily News reports.

Ontario, Calif.-based Prime Healthcare Foundation's $15 million acquisition agreement to purchase Salem, N.J.-based The Memorial Hospital of Salem County fell through just as the deal received state regulatory approval, according to nj.com.

Several elected officials allege they were told Greenville (S.C.) Health System expressed interest in acquiring Spartanburg, S.C.-based Mary Black Health System, which is owned and operated by Franklin, Tenn.-based Community Health Systems, according to The State.

Metairie, La.-based East Jefferson General Hospital officials are reportedly close to finalizing an operating agreement with Nashville, Tenn.-based HCA Holdings, according to WWL-4 News.

DaVita Kidney Care, a division of Denver-based DaVita, declared its decision to acquire Delafield, Wis.-based Purity Dialysis.

New Orleans-based Tulane Medical Center acquired Covington, La.-based Lakeview Regional Medical Center. The transaction was effective May 7.

Columbus (Ga.) Regional Health and Piedmont Healthcare, an eight-hospital system in Atlanta, signed a letter of intent to enter into exclusive negotiations to form a potential partnership.

Indianapolis-based Anthem requested an additional 60 days to gain approval for its merger with Bloomfield, Conn.-based Cigna, in an effort to stop Cigna from ditching the deal and collecting a $1.85 billion break-up fee, Reuters reports.

The board of supervisors of Starkville, Miss.-based OCH Regional Medical Center voted to proceed with a request for proposals for the potential sale or leasing of medical center, according to the Daily Journal.