Transactions & Valuation Issues

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

Three large health systems have initiated discussions with Jameson Health System in New Castle, Pa., about a potential transaction, according to a New Castle News report.

Grays Harbor Community Hospital in Aberdeen, Wash., has collected more than 3,000 signatures in the hope of becoming a public-owned hospital, according to a Daily World report.

Hospital merger and acquisition activity surged to a high level between 2011 and 2013, and 2014 is shaping up to be no different.

An Adams County board has voted to file a letter of intent with a potential buyer for Natchez (Miss.) Regional Medical Center, according to a Natchez Democrat report.

Brooklyn Health Partners Development Group has won the bid to operate the State University of New York's Long Island College Hospital in Brooklyn, N.Y.

In his state of the city address, Akron Mayor Don Plusquellic said the two main hospital organizations in Akron — Akron General Medical Center and Summa Health System — should merge their operations, according to an Akron Beacon Journal report.

The United Kingdom's Competition and Markets Authority has officially ordered Hospital Corporation of America to sell two of its hospitals based in London following of the release of a report based on a two-year investigation.

Neither Louisiana Children's Medical Center nor Ochsner Health System, both based in New Orleans, have the financial strength to lease both West Jefferson Medical Center in Marrero, La., and East Jefferson General Hospital in Metairie, La., a Jefferson Parish consultant…

Allegheny Health Network in Pittsburgh and Baltimore-based Johns Hopkins Medicine signed a memorandum of understanding to create a formal affiliation between Allegheny and the Johns Hopkins Kimmel Cancer Center. Issues stemming from a long government review forced St. Louis-based Ascension…