Transactions & Valuation Issues

Bassett Healthcare Network, a six-hospital system based in Cooperstown, N.Y., and Rome (N.Y.) Memorial Hospital have signed a nonbinding letter of intent to partner.

Casa Grande (Ariz.) Regional Medical Center is seeking a potential buyer for at least part of the hospital, according to an Arizona City Independent report.

The University of Chicago Medicine, one of the major academic medical center hubs within the city, has signed a master affiliation agreement with Franciscan Alliance, a Catholic health system based in northern Indiana.

Sunrise, Fla.-based Sheridan Healthcare announced the acquisition of San Ramon, Calif.-based Medical Anesthesia Consultants Medical Group, perioperative care provider and independent anesthesia group.

Aspen (Colo.) Valley Hospital has been selected to join the Mayo Clinic Care Network, the first Colorado provider to be included.

Trevor Fetter, CEO of Dallas-based Tenet Healthcare Corp., believes hospital operators and large health systems have the edge in today's market as independent hospitals struggle with rising costs and lower reimbursement, according to a Bloomberg report.

UNC Health Care System in Chapel Hill, N.C., is considering a partnership with Rocky Mount, N.C.-based Nash Health Care, according to a Triangle Business Journal report.

War Memorial Hospital in Sault Ste. Marie, Mich., is considering offers to partner or merge with other healthcare organizations, according to a Sault Ste. Marie Evening News report.

The Orleans Parish Hospital Service District A and New Orleans-based LCMC Health have signed a nonbinding letter of intent to work toward LCMC operating the New Orleans East Hospital.

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