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Transactions & Valuation Issues

The Erwin, Tenn., Board of Mayor and Alderman has voted to approve the sale of Unicoi County Memorial Hospital in Erwin to Johnson City, Tenn.-based Mountain States Health Alliance, according to a Johnson City Press report.

Connecticut state lawmakers will not reintroduce a bill that could open a pathway for for-profit entities to own hospitals in the state, according to a Hartford Courant report.

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Three hospitals in Washington state — Cascade Valley Hospital in Arlington, Island Hospital in Anacortes and Skagit Valley Hospital in Mount Vernon—plan to mail out information and hold a public meeting to raise awareness of their joint search for a…

Mission Health, based in Asheville, N.C., and Rutherfordton, N.C.-based Rutherford Regional Health System have mutually agreed to terminate their nonbinding memorandum of understanding for RRHS to become a member of Mission Health.

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