Transactions & Valuation Issues

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

Anderson Hospital in Maryville, Ill., has become the corporate parent of 25-bed Community Memorial Hospital in Staunton, Ill., under an affiliation agreement signed by the boards of both hospitals.

Hartford, Conn.-based Aetna will auction a portfolio of its Medicare Advantage assets in hopes of soothing antitrust concerns over its pending merger with Louisville, Ky.-based Humana, Reuters reported.

The following hospital mergers, acquisitions and general transactions took place or were announced in June.

Leaders from UW Health and UnityPoint – Meriter in Madison, Wis., have signed letters of intent to explore a joint operating agreement that would deepen their existing clinical collaboration and combine their health insurance businesses.

Medford Mass.-based Hallmark Health's board of trustees has approved a letter of intent to join Burlington, Mass.-based Wellforce.

Atlanta-based Piedmont Healthcare facilities are out-of-network for UnitedHealthcare commercial policyholders effective July 1, reports Atlanta Business Chronicle.

If Anthem's $48 billion bid to acquire Cigna falls through, smaller health plans could become targets for Cigna, while Anthem may court assets that might be sold by industry rivals such as Aetna and Humana, according to Bloomberg.

The Delaware County Orphans Court has approved the sale of Springfield, Pa.-based Crozer-Keystone Health System to Prospect Medical Holdings, a for-profit hospital operator based in Los Angeles.

Hartford, Conn.-based Aetna and Louisville, Ky.-based Humana extended the deadline of their $37 billion merger agreement from June 30 to Dec. 31.