Transactions & Valuation Issues

Jasper County Hospital in Rensselaer, Ind., will join Mishawaka, Ind.-based Franciscan Alliance, according to WLFI.

The Pennsylvania Insurance Department has approved the merger between Highmark and Blue Cross of Northeastern Pennsylvania, a deal which was originally announced in February 2014.

Banning, Calif.-based San Gorgonio Memorial Hospital has entered into exclusive affiliation talks with nonprofit Loma Linda (Calif.) University Health and Adventist Health in Roseville, Calif.

Ravenna, Ohio-based Robinson Health System has officially become a part of Cleveland-based University Hospitals effective June 1.

There have been whispers of Humana possibly being acquired by a competing health insurer, and now people familiar with the matter have confirmed Humana has engaged in preliminary discussions with at least two major payers, according to The Wall Street…

The following hospital mergers, acquisitions and general transactions took place or were announced in May, beginning with the most recent.

St. Louis-based SSM Health plans to expand its network through the purchase of St. Louis University Hospital from St. Louis University, which is in the process of acquiring the hospital from Dallas-based Tenet Healthcare, according to the St. Louis Post-Dispatch.

East Stroudsburg, Pa.-based Pocono Health System and Lehigh Valley Health Network in Allentown, Pa., have signed a letter of intent to merge.

KishHealth System in DeKalb, Ill., has signed a letter of intent to explore an affiliation with Chicago-based Northwestern Memorial HealthCare, an academic health system whose entities operate as Northwestern Medicine.   

"Out with the old and in with the new" is at the heart of many healthcare organizations' strategies to meet the future demands of healthcare.