Transactions & Valuation Issues

Bowling Green, Ky.-based Med Center Health will acquire Logan Memorial Hospital, effective July 1, the health system said in a May 29 news release.

The New Jersey Superior Court on May 28 approved Cape Regional Health System and Cooper University Health Care's plan to merge.  

Daniel Morrisette, CFO of Chicago-based CommonSpirit, said he doesn't expect the health system to purchase Dallas-based Steward Health Care's Arizona assets, but said they are evaluating potential opportunities. 

Connecticut Gov. Ned Lamont met with the CEOs of Yale New Haven (Conn.) Health and Los Angeles-based Prospect Medical Holdings in an effort to get a proposed 3-hospital deal back on track and out of the courtroom, The Trumbull Times…

Stayton, Ore.-based Santiam Hospitals and Clinics have signed a nonbinding letter of intent with Corvallis, Ore.-based Samaritan Health Services to merge.

Bellevue, Wash.-based Overlake Medical Center & Clinics has signed an affiliation agreement with Tacoma, Wash.-based MultiCare Health System, building upon the longstanding relationship between the two organizations.

Emplify Health has acquired a clinic in Mondovi, Wis., from Hospital Sisters Health System and Prevea Health.

Philadelphia-based Jefferson and Allentown, Pa.-based Lehigh Valley Health Network have signed a definitive agreement to merge into a 30-hospital system with more than 700 care sites. 

Yale New Haven (Conn.) Health's attempt to get out of a deal to acquire three Connecticut hospitals from Los Angeles-based Prospect Medical Holdings has Pennsylvania legislators concerned about Prospect's ability to close a deal in their state, WHYY reported May…

Peoria, Ill.-based OSF HealthCare and Dixon, Ill.-based Katherine Shaw Bethea Hospital have shared plans to merge after entering into exclusive negotiations.