Transactions & Valuation Issues

Houston-based Nobilis Health has entered into an asset purchase agreement to acquire Victory Healthcare Plano (Texas) Hospital.

There were 23 hospital transactions in the first quarter of 2015, which was in line with 2014's quarterly average of 23.5, according to a recent Kaufman, Hall & Associates report.

Oakland, Calif.-based Kaiser Permanente is preparing to submit a letter of interest that would allow Maui Memorial Medical Center, which is part of Hawaii Health Systems Corp., to consider it for a public private partnership, according to a MauiNow report.

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

Abington (Pa.) Health and Philadelphia-based Jefferson University Hospitals have completed their merger.

Mary O'Dowd, state health commissioner of New Jersey, has approved the sale of Denville, N.J.-based St. Clare's Health System to Ontario, Calif.-based Prime Healthcare Services, according to the Daily Record.

Cleveland-based University Hospitals and Samaritan Regional Health System, based in Ashland, Ohio, have signed a letter of intent to integrate SRHS into the UH system.

Brentwood, Tenn.-based RegionalCare Hospital Partners has entered into an agreement with Washington (Pa.) Health System to transfer ownership of Southwest Regional Medical Center in Waynesburg, Pa., to WHS.

Waterbury (Conn.) Hospital has announced Prospect Medical Holdings, a for-profit hospital operator based in Los Angeles, is interested in acquiring it, making PMH the third potential buyer for the hospital in five years, according to a CT Mirror report.

Preliminary data from Irving Levin Associates shows healthcare transactions in April had a combined value of $3.8 billion, down 92 percent from the same month of 2014.