Transactions & Valuation Issues

Rush University Medical Center in Chicago and Rush-Copley Medical Center in Aurora, Ill., have completed their integration as Rush.

Fort Lauderdale, Fla.-based Americore Health signed two definitive agreements to manage and acquire Ellwood City (Pa.) Hospital, according to the Pittsburgh Post-Gazette.

Bronx, N.Y.-based Montefiore Health System and New York City-based urgent care provider CityMD have teamed up to expand access to primary, specialty and urgent care services for patients in New York.

The following were among the most-viewed transactions and valuations stories published by Becker's Hospital Review the week of March 6.

Holmes County commissioners unanimously agreed to apply for grants to acquire the former Bonifay, Fla.-based Doctors Memorial Hospital campus and repurpose the facility into a county government annex, according to The Chipley Paper.

Brick, N.J.-based Nationwide Healthcare Services revealed plans to purchase Milford (Del.) Memorial Hospital's 22-acre campus and redevelop it into a multiuse healthcare-focused community once the hospital relocates to its new campus in early 2019, according to The News-Journal.

Minneapolis-based Children's Minnesota terminated its contract with Eagan-based Blue Cross and Blue Shield of Minnesota, a decision that could result in more than 70,000 patients losing in-network access to the hospital's services. 

Minneapolis-based Fairview Health Services revealed plans to merge with St. Paul, Minn.-based HealthEast. The combined entity will serve as one of the most comprehensive and accessible health systems in the state.

Minnetonka, Minn.-based UnitedHealthcare will purchase Eastwood, N.Y.-based insurance administrator Pomco for an undisclosed amount, according to syracuse.com.

Overlooked or under-appreciated, hospital labs are often an untapped revenue resource