Transactions & Valuation Issues

Brown Gibbons Lang & Company announced in a press release the sale of Fleming County Hospital to LifePoint Health.

Lehigh Valley Health Network in Allentown, Pa., has entered into a new partnership with Memorial Sloan Kettering Cancer Center in New York City, according to a Republican & Herald report.

A new regional parent company in Northern Virginia is set up to take over UVA Culpeper (Va.) Hospital this fall, according to a The Daily Progress.

Oregon Health & Science University in Portland and Salem (Ore.) Health are close to finalizing their planned affiliation, according to a Portland Tribune report.

KishHealth System in DeKalb, Ill., has signed a definitive agreement to join Chicago-based Northwestern Memorial HealthCare, an academic health system whose entities operate as Northwestern Medicine.   

BlueMountain Capital Management, a private investment firm and Los Altos, Calif.-based Daughters of Charity Health System's latest suitor, is guaranteeing to operate Daughters of Charity hospitals as general acute care hospitals and offer charity care services for at least five…

Real estate investment trust Ventas, Equity Group Investments and Nashville, Tenn.-based Ardent Health Services have completed their previously reported transactions. 

Health systems across the U.S. are looking at strategic acquisitions as a means to grow – and not just in size.

Premier, a group purchasing organization based in Charlotte, N.C., has reached an agreement to acquire Pittsburgh-based CECity, a provider of cloud-based healthcare solutions, specializing in performance improvement, pay-for-value reporting and continuous professional education.

Ontario, Calif.-based Prime Healthcare Services and Englewood, Colo.-based Catholic Health Initiatives have agreed to defer the effective date of Prime's acquisition of Saint Clare's Health System, a three-hospital system based in Denville, N.J.