Transactions & Valuation Issues

Knoxville, Tenn.-based TeamHealth quickly rejected an offer Tuesday to merge with Nashville, Tenn.-based AmSurg for a total enterprise value of $7.8 billion, or $71.47 per share, according to Reuters.

For the third time, merger talks are on the table between Rhode Island's biggest health systems — Lifespan and Care New England, according to Rhode Island Public Radio.

Winston-Salem, N.C.-based Novant Health has signed an agreement to expand shared services to a hospital in eastern North Carolina, according to a Winston-Salem Journal report.

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

Franklin, Tenn.-based Community Health Systems has entered into a definitive agreement to sell 72-bed Bartow (Fla.) Regional Medical Center and its related outpatient services to Clearwater, Fla.-based BayCare Health System.

Hawaiian Gardens, Calif.-based Gardens Regional Hospital & Medical Center has entered into a management service agreement with Paladin-Gardens Management, a healthcare management unit of Paladin Healthcare in El Segundo, Calif., according to a news release.

A new contract between Blue Cross and Blue Shield of Minnesota and Rochester, Minn.-based Mayo Clinic Health System creates lower insurance rates for Minnesota state employees, according to the Mankato Free Press.

A Knoxville, Tenn.-based insurer will stop offering plans in 2016, making it the sixth insurance co-op formed under the Affordable Care Act to shut its doors, according to The Hill.

Cambridge, Mass.-based Good Start Genetics, a molecular diagnostics company, has partnered with insurance giant UnitedHealthcare to provide millions of Americans with access to Good Start's genetic screening tests.

UC San Diego Health and Oceanside, Calif.-based Tri-City Healthcare District entered a long-term, strategic affiliation to sustainably improve the quality of care they provide.