Fair market value valuations allow healthcare and senior housing companies to get conventional financing for acquisitions, construction, expansion, rehabilitation or refinancing of facilities.
Transactions & Valuation Issues
University of Utah Health Care, based in Salt Lake City, and Community Hospital in Grand Junction, Colo., have reached a partnership agreement.
Berger Health System, based in Circleville, Ohio, is may form a strategic partnership with another health system in its region.
The University of Wisconsin Health in Madison and SwedishAmerican Health System in Rockford, Ill., have approved a letter of intent to merge.
Mount St. Mary's Hospital and Health Center, a 175-bed hospital in Lewiston, N.Y., has agreed to become a full member of Catholic Health.
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Community Health Systems, based in Franklin, Tenn., has signed a letter of intent to buy Natchez (Miss.) Regional Medical Center, according to a Natchez Democrat report.
San Gorgonio Memorial Hospital, a nonprofit hospital in Banning, Calif., is considering affiliation partners, according to a Press-Enterprise report.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
Five groups have now expressed interest in buying TLC Health Network, the operator of the bankrupt Lake Shore Health Care Center in Irving, N.Y., according to a Buffalo Business First report.
ValleyCare Health System, based in Livermore, Calif., has started the process of finding a potential affiliation partner, according to a San Francisco Business Times report.