Transactions & Valuation Issues

Cincinnati-based TriHealth and McCullough-HydeMemorialHospital in Oxford, Ohio have signed a letter of intent to affiliate.

Hospital CFOs considering post-merger synergies should be sure to evaluate how they could potentially improve the debt structure of the combined organization, according to a report from investment advisory group Lancaster Pollard.

Ontario, Calif.-based for-profit hospital operator Prime Healthcare Services is rapidly expanding its footprint across the nation, including two acquisitions in the last two weeks.

The number of hospital merger and acquisitions remained the same — nine deals — in the second and third quarters of this year, according to a recent Irving Levin Associates report.

For profit Alecto Healthcare Services, headquartered in Los Angeles, has entered into a definitive agreement to acquire 237-bed Texas Health Presbyterian Hospital-WNJ in Sherman.

Mergers and acquisitions in the healthcare industry have dramatically increased, and there are a number of steps hospitals and health systems can take to avoid being challenged by the Federal Trade Commission.

Ontario, Calif.-based Prime Healthcare Services has signed a definitive agreement to acquire hospitals, long-term care facilities and other assets of Carondelet Health in Kansas City, Mo., which is part of St. Louis-based Ascension.

Baptist Health in Jacksonville, Fla., has signed a letter of intent to partner with The University of Texas MD Anderson Cancer Center in Houston.

Between July 2013 and June 2014, 105 medical technology company mergers and acquisitions were announced, with the majority of transactions occurring within the therapeutic device sector, according to Ernst & Young's 2014 report, "Pulse of the industry: Differentiating differently."

5 key issues for nonprofit boards of directors looking to align executive compensation programs with evolving business strategies and best position their organizations for deal success