Transactions & Valuation Issues

In a recent press release, Zotec Partners announced an exclusive and new revenue cycle management agreement (RCM) with South Sound Radiology (SSR).

IBA Molecular, a worldwide leader in radiopharmaceuticals, has signed a definitive agreement to sell its U.S. subsidiary, Dulles, Va.-based IBA Molecular North America, to Illinois Health and Science.

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

The only constant in life is change. This axiom has as much application in business, as it does in life. And no industry has experienced more change and upheaval in recent years than the healthcare industry. Independent hospitals, in particular,…

Duluth, Minn.-based Essentia Health has announced it will be dissolving its affiliation with Minnesota Valley Health Center in Le Sueur because the organization is ready to stand on its own, according to the Le Sueur News-Herald.

Hastings, Mich.-based Pennock Health Services will integrate into Grand Rapids, Mich.-based Spectrum Health effective May 1.

As part of an effort to increase access to convenient, high quality and comprehensive orthopedic care, Houston-based Memorial Hermann Health System has acquired Houston Orthopedic and Spine Hospital in Bellaire, Texas.

Hackensack (N.J.) University Health Network and Englewood (N.J.) Hospital and Medical Center have entered into a new clinical and academic affiliation.

Slidell (La.) Memorial Hospital and New Orleans-based Ochsner Health System have signed a letter of intent to form a partnership with a joint operating agreement that is expected to strategically benefit both organizations, as well as their physicians and patients.

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