Transactions & Valuation Issues

Morristown, N.J.-based Atlantic Health System has completed its acquisition of Hackettstown (N.J.) Regional Medical Center.

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

Robert Wood Johnson Health System, which has flagship hospital campuses in New Brunswick, N.J., and Somerset, N.J., and Barnabas Health, based in Orange, N.J., have completed their planned merger, creating the largest health system in the state.

Benton, Ark.-based Saline Memorial Hospital's board of directors has voted to partner with Franklin, Tenn.-based Capella Healthcare, according to an Arkansas Business report.

Memorial Health in Savannah, Ga., has approved a strategic partnership agreement with Winston-Salem, N.C.-based Novant Health, according to a Savannah Morning News report.

Westchester Medical Center Health Network in Valhalla, N.Y., and Kingston, N.Y.-based HealthAlliance of the Hudson Valley have partnered to enhance and expand healthcare for the Hudson Valley region.

Kingsport, Tenn.-based Wellmont Health System and Johnson City, Tenn.-based Mountain States Health Alliance could cut $25 million in annual labor costs if their proposed merger goes through, according to a WJHL news report.

Healthcare systems that merge with the goal of realizing greater economies of scale are often tripped up by a few common factors.

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

Hallmark Health System in Medford, Mass., has drawn the interest of more than six potential partners, according to a Boston Globe report, which cites individuals close to the matter.