Transactions & Valuation Issues

Executives at UnityPoint Health-Methodist and Proctor Hospital, both based in Peoria, Ill., have signed an initial affiliation agreement that would merge the two organizations under one system.

Geisinger Health System in Danville, Pa., and Holy Spirit Health System in Camp Hill, Pa., have signed a letter of intent to affiliate.

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

The Massachusetts Department of Public Health will hold a public hearing Tuesday concerning Boston-based Beth Israel Deaconess Medical Center's proposed acquisition of Jordan Health Systems, parent company of Jordan Hospital in Plymouth, Mass., according to an Old Colony Memorial report.

New Orleans-based Ochsner Health System has been approved to manage the operations of Hancock Medical Center, a 47-bed, county-owned hospital in Bay St. Louis, Miss., according to a Sea Coast Echo report.

Executives at Memorial Medical Center in Ludington, Mich., and Spectrum Health in Grand Rapids, Mich., have signed a definitive agreement that will turn MMC into an affiliate of Spectrum.

Baltimore-based University of Maryland Medical System has signed a contract with the parent company of Fort Washington (Md.) Medical Center — Oxon Hill, Md.-based Nexus Health —  to take over the business development, management and operations of the 37-bed hospital…

The Louisiana State Civil Service Commission has approved the privatization of two public hospitals within Baton Rouge-based Louisiana State University Health Care Services Division, according to a report fromThe News-Star.

Surgical Care Affiliates filed for an initial public offering of up to $100 million in stock.

Chester County Hospital and Health System in West Chester, Pa., officially became part of the University of Pennsylvania Health System in Philadelphia Wednesday.