Transactions & Valuation Issues

Savannah, Ga.-based Memorial Health has agreed to enter into strategic partnership discussions with Winston-Salem, N.C.-based Novant Health, according to a Savannah Morning News report.

Houston-based Nobilis Health has executed an agreement to jointly own and operate the former Freedom Pain Hospital in Scottsdale, Ariz.

According to a recent press release, Mercy deployed advanced analytics software from Ayasdi, which uses reverse experimentation to identify patterns in data.

King of Prussia, Pa.-based Universal Health Services has reached a definitive agreement and received federal approval to purchase Foundations Recovery Network, a Brentwood, Tenn.-based provider of integrated treatment for addiction and mental health, for approximately $350 million.

The following healthcare mergers, acquisitions and general transactions took place or were announced since Sept. 9.

A unit of Rockledge, Fla.-based Health First has completed its acquisition of Space Coast Cancer Center — which operates three Brevard County locations — despite a pending antitrust lawsuit filed by Titusville, Fla.-based Parrish Medical Center claiming Health First is…

Franklin-Tenn.-based IASIS Healthcare announced that The Medical Center of Southeast Texas in Port Arthur, Texas, has completed its acquisition of the assets of Victory Medical Center Beaumont (Texas).

Ontario, Calif.-based Prime Healthcare Services has signed a definitive agreement to purchase 88-bed Lehigh Regional Medical Center in Lehigh Acres, Fla., from subsidiaries of Franklin, Tenn.-based Community Health Systems.

Boston-based Beth Israel Deaconess Medical Center and Burlington, Mass.-based Lahey Health have reached an impasse in their attempt to join forces for the third time in the past four years, according to The Boston Globe.

Saint Mary's Health System in Waterbury, Conn., has signed an agreement to join Livonia, Mich.-based Trinity Health's network.