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Transactions & Valuation Issues

Franklin, Tenn.-based Community Health Systems on Aug. 1 completed the sale of Tennova Healthcare-Cleveland (Tenn.) to Vitruvian Health in Dalton, Ga.

The Jackson-based West Tennessee Healthcare board of trustees has approved a resolution for an innovative integration model to be pursued with Paris, Tenn.-based Henry County Medical Center, according to a July 30 news release shared with Becker's. 

Franklin, Tenn.-based Community Health Systems has signed a definitive agreement to sell its three Pennsylvania hospitals to affiliates of WoodBridge Healthcare, a nonprofit organization led by healthcare veteran Joshua Nemzoff.

Chesterfield, Mo.-based Mercy received unanimous approval from the Missouri Facilities Review Committee to build a $650 million medical campus in Wentzville, Mo. 

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Franklin, Tenn.-based Community Health Systems reaffirmed their plan to sell $1 billion worth of hospitals on the system's July 25 earnings call.

Ontario, Calif.-based Prime Healthcare has grown significantly since Founder, Chair and CEO Prem Reddy, MD, launched the health system in 2001. Now it is preparing to acquire nine Illinois hospitals from St. Louis-based Ascension in what would be the largest…

Doylestown (Pa.) Health is meeting certain financial goals that will clear the way for a definitive agreement to merge with the University of Pennsylvania Health System, according to the Philadelphia Business Journal. 

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