Transactions & Valuation Issues

Health Management Associates, based in Naples, Fla., has signed a definitive agreement with Lexington, Ky.-based Appalachian Regional Healthcare to sell Williamson (W.Va.) Memorial Hospital, Health Management's only hospital in West Virginia, according to a Williamson Daily News report.

Effective Oct. 1, New London (N.H.) Hospital became an affiliate of Lebanon, N.H.-based Dartmouth-Hitchcock.

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

IPC The Hospitalist Company, based in North Hollywood, Calif., has acquired Greater Orlando Hospitalists, P.A., an acute-care hospitalist practice based in Altamonte Springs, Fla.

Executives at Lehigh Valley Health Network and Westfield Hospital, both in Allentown, Pa., have signed an asset purchase agreement, in which LVHN will buy Westfield Hospital and convert it into an orthopedic center.

Arise Healthcare in Austin, Texas, completed the resyndication process for its purchase of Austin Surgical Hospital’s assets. Coral Gables, Fla.-based Baptist Health South Florida and The Medical Center at Ocean Reef in Key Largo, Fla., entered into an agreement for…

In the midst of a wave of consolidation, some hospitals and health systems prefer to pool their resources while remaining independent.

Indianapolis-based St. Vincent Health and Monroe Hospital in Bloomington, Ind., have discontinued their management agreement, although they will maintain clinical affiliations, according to an Inside Indiana Business report.

In 2012, Boston-based Partners HealthCare and Melrose, Mass.-based Hallmark Health System signed a memorandum of understanding to merge, and the two entities may be closing in on an agreement, according to a Melrose Free Press report.

Memorial Medical Center in Ludington, Mich., has officially integrated with Spectrum Health in Grand Rapids, Mich., and has become Spectrum Health Ludington Hospital.