Transactions & Valuation Issues

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

Boards of Noble Hospital in Westfield, Mass., and Springfield, Mass.-based Baystate Health have authorized the organizations to sign a letter of intent to explore Noble becoming a member of Baystate Health.

Hospital transaction volume levels in 2015 are expected to be similar to 2014, spurred by the current healthcare environment and favorable lending conditions for acquirers/deal partners, according to global consulting firm PwC's 2014 US Health Services Deals Insights and 2015…

Trevor Fetter, CEO of Dallas-based Tenet Healthcare, has provided a few more details about the deal between Brookwood Medical Center in Birmingham, Ala., a subsidiary of Tenet, and Birmingham-based Baptist Health System.

Mallinckrodt, a leading global specialty biopharmaceutical company with its U.S. headquarters in St. Louis, and Ikaria, a privately-held critical care company with headquarters in Hampton, N.J., have announced they have entered into a definitive agreement under which a subsidiary of…

Bloomfield, Conn.-based health insurer Cigna has completed its acquisition of Piscataway, N.J.-based QualCare Alliance Networks.

Riverview Hospital Association in Wisconsin Rapids, Wis., and Wausau, Wis.-based Aspirus have finalized a merger, according to My Fox Wausau.

Cleveland-based University Hospitals and Samaritan Regional Health System, based in Ashland, Ohio, are taking steps toward signing a letter of intent to integrate SRHS into the UH system.

Subsidiaries of Franklin, Tenn.-based Community Health Systems have executed a definitive agreement to divest 59-bed Chesterfield General Hospital in Cheraw, S.C., and 102-bed Marlboro Park Hospital in Bennettsville, S.C.

Lancaster (Pa.) General Health is closer to becoming part of Philadelphia-based University of Pennsylvania Health System, according to an LNP report.