Transactions & Valuation Issues

Faxton St. Luke's Healthcare and St. Elizabeth Medical Center, both based in Utica, N.Y., are one step away from finalizing their merger, as both organizations are filing paperwork with federal regulatory agencies, according to an Evening Telegram report.

Health Quest, a three-hospital system based in LaGrangeville, N.Y., has placed a bid to acquire most assets of Saint Francis Hospital and Health Centers in Poughkeepsie, N.Y.

Nash Health Care Systems in Rocky Mount, N.C., has announced it will affiliate with Chapel Hill, N.C.-based UNC Health Care.

The Illinois Health Facilities and Services Review Board approved Peoria, Ill.-based OSF HealthCare's acquisition of Kewanee (Ill.) Hospital, marking an end to the transaction process.

During a recent webinar, McGuireWoods partner Howard Feller, JD, and associate Holly Carnell, JD, discussed the antitrust implications of hospital mergers and joint ventures.

The Marion County (Fla.) Hospital District board has unanimously approved and signed a definitive agreement under which Naples, Fla.-based Health Management Associates would lease Munroe Regional Medical Center, a 421-bed public hospital in Ocala, Fla.

The Queen's Health Systems in Honolulu has signed a definitive affiliation agreement with North Hawaii Community Hospital in Kamuela.

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

The Massachusetts Health Policy Commission will review a proposed affiliation between Partners HealthCare in Boston and Hallmark Health System in Melrose, Mass., according to a report from The Boston Globe.

Billings (Mont.) Clinic and Wheatland Memorial Healthcare in Harlowton, Mont., have signed a management agreement, according to a Billings Gazette report.