Transactions & Valuation Issues

Naples, Fla.-based Health Management Associates informed the state it plans to lay off 395 employees by April 4, according to a News-Press report.

Carilion Clinic, based in Roanoke, Va., has decided to transfer full ownership of Bedford (Va.) Memorial Hospital and its Oakwood Health and Rehabilitation Center to Lynchburg, Va.-based Centra Health.

The United Kingdom's Competition Commission has issued an order for Hospital Corporation of America to sell two of its hospitals in London due to a lack of competition.

For the second straight year, New York will consider allowing private investors to operate hospitals in the state.

Oconee Medical Center, a hospital with 169 licensed beds in Seneca, S.C., has signed a memorandum of understanding to explore an affiliation with Greenville (S.C.) Health System, according to a Greenville News report.

Metropolitan Hospital of Miami is being sold for the second time in seven years, according to a Miami Herald report.

Dearborn, Mich.-based Oakwood Healthcare isn't up for sale, Oakwood CEO Brian Connolly has told Crain's Detroit Business.

Alice Peck Day Health Systems in Lebanon, N.H., has formally entered affiliation discussions with Dartmouth-Hitchcock, also based in Lebanon.

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

After several months of negotiations and fine-tuning, Franklin, Tenn.-based Community Health Systems has closed on its acquisition of Health Management Associates in Naples, Fla.