Transactions & Valuation Issues

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

The Massachusetts Health Policy Commission unanimously voted yesterday to approve a final report finding Winchester (Mass.) Hospital's proposed affiliation with Lahey Health in Burlington, Mass., could reduce healthcare spending by as much as $2.7 million per year, according to a report from The Boston…

A recent report from PwC finds that for-profit and nonprofit hospitals across the country continue to look at strategic affiliations and acquisitions with a large appetite.

Mendota (Ill.) Community Hospital has signed a letter of intent to affiliate with Peoria, Ill.-based OSF Healthcare System.

Sylvania Franciscan Health, a seven-hospital system based in Toledo, Ohio, has signed a letter of intent to join Catholic Health Initiatives.

The Rhode Island Department of Health and Attorney General Peter Kilmartin have approved the joint venture between Providence, R.I.-based CharterCare Health Partners and Santa Ana, Calif.-based Prospect Medical Holdings.

To effectively promote competition in the healthcare industry, antitrust enforcers and regulators should focus on whether the goods and services that providers supply are valuable to consumers, according to a Commonwealth Fund-supported study in Health Affairs.

Hospital deal volume decreased by nearly 43 percent to 12 transactions in the first quarter of this year, according to a PwC report.

Hospital consolidation has been on the rise in recent years as providers seek to improve quality, meet meaningful use criteria for information technology and surpass other challenges.

Franklin, Tenn.-based Community Health Systems has called off a planned acquisition of Bert Fish Medical Center in New Smyrna Beach, Fla., according to a report from The Daytona Beach News-Journal.