Transactions & Valuation Issues

Franklin, Tenn.-based IASIS Healthcare has signed a definitive agreement to sell 177-bed North Vista Hospital in Las Vegas to Ontario, Calif.-based Prime Healthcare Services.

Kennedy Health System in southern New Jersey and Los Angeles-based RadNet announced the launch this week of Garden State Radiology Network, a medical imaging joint venture.

Consolidations and affiliations take many forms. During a panel session I moderated at our firm's Healthcare Executive Summit, held this past summer in Chicago, healthcare leaders shared their experiences and ideas about how other healthcare providers can engage in affiliations…

Boston-based Steward Health Care System may be in hot water with Massachusetts Attorney General Martha Coakley for planning to shut down Quincy (Mass.) Medical Center, according to a report from The Boston Globe.

Franklin, Tenn.-based Community Health Systems has signed a definitive agreement to sell substantially all of the assets of Riverview Regional Medical Center in Gadsden, Ala., and its related outpatient services, to Ontario, Calif.-based Prime Healthcare Services.

The board that oversees Bert Fish Medical Center in New Smyrna Beach, Fla., has voted to only engage in partnership discussions with Florida Hospital in Tampa, according to The Daytona Beach News-Journal.

The following hospital mergers, acquisitions and affiliations took place within the past week, beginning with the most recent.

Longmont (Colo.) United Hospital and Englewood, Colo.-based Centura Health have signed a letter of intent to affiliate.

The sponsorship of Toledo, Ohio-based Sylvania Franciscan Health has been completely transferred from the Sisters of St. Francis of Sylvania (Ohio) to Englewood, Colo.-based Catholic Health Initiatives.

SwedishAmerican Health System, a two-hospital system in Rockford, Ill., and University of Wisconsin Health in Madison have signed a definitive agreement to merge.