Transactions & Valuation Issues

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

In a meeting of River Valley Health Partners membership Nov. 4, members unanimously approved the measure to give final authorization to proceed with Prime Healthcare Foundation's acquisition of RVHP and all of its entities.

The boards of commissioners of Mount Vernon, Wash.-based Skagit Regional Health and Arlington, Wash.-based Cascade Valley Hospital and Clinics have approved a definitive affiliation agreement.

St. Louis-based BJC HealthCare and Memorial Hospital in Belleville, Ill., have finalized the terms of their proposed strategic affiliation, according to a St. Louis Business Journal report.

Kalispell (Mont.) Regional Healthcare and Whitefish, Mont.-based North Valley Hospital have agreed to move forward with an affiliation agreement that officials say will enhance the delivery of healthcare in the Flathead Valley and Northwest Montana.

Onslow Memorial Hospital in Jacksonville, N.C., has scrapped plans to merge with CarolinaEast Medical Center in New Bern, N.C., and Vidant Health in Greenville, N.C., according to a report from The Daily News.

Cleveland Clinic took over full ownership of Akron (Ohio) General Health System Nov. 2, following review of the deal by the Ohio Attorney General and the Federal Trade Commission.

Cleveland-based University Hospitals has taken on full ownership of 204-bed St. John Medical Center in Westlake, Ohio.

Dallas-based Tenet Healthcare and Brentwood, Tenn.-based Duke LifePoint Healthcare have entered a definitive agreement for the sale of Tenet's North Carolina hospitals and associated operations.

Oakland, Calif.-based Kaiser Permanente and San Francisco-based Dignity Health have agreed to jointly own St. Joseph's Medical Center in Stockton, Calif., in a first-of-its-kind partnership for the healthcare providers, according to a report from The Record.