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Transactions & Valuation Issues

The board of trustees of Cheyenne (Wyo.) Regional Medical Center unanimously voted Friday to advise the county board of commissioners to release a formal proposal to larger healthcare systems notifying them of the medical center's intent to form an affiliation.

Prime Healthcare Foundation, the nonprofit affiliate of Ontario, Calif.-based Prime Healthcare Services, and Mission (Texas) Regional Medical Center signed a non-binding letter of intent for Prime Healthcare Foundation to purchase the medical center.

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Fort Lauderdale, Fla.-based Mednax will acquire Nashville, Tenn.-based Radiology Alliance, one of the largest private practice radiology groups in the state.

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