Transactions & Valuation Issues

The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.

Secaucus, N.J.-based Meadowlands Hospital Medical Center must pay an undisclosed amount in restitution for committing numerous unfair labor practices and for violating the medical center's contract with labor union Health Professionals and Allied Employees, according to NJ.com.

The Louisiana state government made a motion to terminate its management contract with Shreveport, La.-based Biomedical Research Foundation of Northwest Louisiana, which operates Louisiana State University's hospitals in Shreveport and Monroe, after it refused to accept the terms of the…

Cumberland-based Western Maryland Health System is seeking partners for a potential clinical affiliation — and three different health systems have come calling, according to The Tribune-Democrat.

The Service Employees International Union has requested New Jersey Attorney General Christopher Porrino force Prime Healthcare to sell five state hospitals in light of improper Medicare billing allegations.

Las Vegas-based Dementia Friendly Nevada is joining with the Reno, Nev.-based Alzheimer's Association and the Cleveland Clinic Lou Ruvo Center for Brain Health, also in Las Vegas, in a statewide initiative to help individuals with dementia, according to the Las…

Little Canada, Minn.-based healthcare services provider Apex Revenue Technologies has acquired Nashville, Tenn.-based LetterLogic to grow its revenue cycle management arm, Twin Cities Business reports.

Burlington, Mass.-based Wellforce, the parent company of Boston-based Tufts Medical Center, received state approval to acquire Medford, Mass.-based Hallmark Health without an intensive state review, according to Boston Business Journal.

With the healthcare industry gradually moving toward a value-based payment system, many healthcare networks are reorganizing to improve patient care and reduce operating costs.

Executives at Skokie, Ill.-based Jollibee, a Filipino restaurant, debuted plans to partner with the University of Chicago Medicine Comer Children's Hospital, according to the Chicago Tribune.