Transactions & Valuation Issues

The following insurers made headlines this week. They are listed below, beginning with the most recent.

St. Louis-based health insurer Centene has agreed to buy Woodland Hills, Calif.-based Health Net in a deal valued at $6.3 billion, according to The Wall Street Journal.

Springfield, Mass.-based Baystate Health has acquired Westfield, Mass.-based Noble Hospital.

Mercy Medical Center-Des Moines has completed its acquisition of Skiff Medical Center in Newton, Iowa.

St. Joseph's Health, a nonprofit system based in Syracuse, N.Y., is now a member of Livonia, Mich.-based Trinity Health.

Reading, Pa.-based St. Joseph Regional Health Network, previously an affiliate of Englewood, Colo.-based Catholic Health Initiatives, is now part of Penn State Health, a nonprofit organization based in Hershey.

South Miami-based Larkin Community Hospital won the bankruptcy auction June 24 for Hollywood Pavilion Hospital and Hollywood Hills Nursing Home (Hollywood, Fla.), according to a South Florida Business Journal article.

Good Samaritan Health System in Lebanon, Pa., has finalized its partnership with WellSpan Health, based in York, Pa., after nearly a year of due diligence.

Washington (Pa.) Health System has completed its previously announced acquisition of Southwest Regional Medical Center in Waynesburg, Pa., from Brentwood, Tenn.-based RegionalCare Hospital Partners.

Franklin, Tenn.-based Capella Healthcare has signed letters of intent to acquire Pasco, Wash.-based Lourdes Health Network and St. Joseph Regional Medical Center in Lewiston, Idaho, which are both currently part of St. Louis-based Ascension.