Transactions & Valuation Issues

Madison (S.D.) Community Hospital has broken ground on a $36.8 million replacement facility, according to a Madison Daily Leader report.

Grays Harbor Community Hospital in Aberdeen, Wash., has signed a letter of intent to affiliate with Tacoma, Wash.-based MultiCare Health System, according to a report from The News Tribune.

Lillibridge Healthcare Services, a medical office building owner and manager, announced it has acquired seven medical office buildings from Downers Grove, Ill.-based Advocate Health Care.

Doctors Medical Center in San Pablo, Calif., is considering a partnership with University of California, San Francisco, Medical Center, according to a San Francisco Business Times report.

The Muscogee (Creek) Nation, one of the largest Native American tribes in Oklahoma, has acquired Okmulgee (Okla.) Memorial Hospital, according to a News on 6 report.

In July, Saint Vincent Health System, a two-hospital network based in Erie, Pa., officially became a subsidiary of Pittsburgh-based health insurer Highmark. After several months of negotiations and regulatory approval, Saint Vincent went from an independent hospital network to a…

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

The University of Rochester (N.Y.) Medical Center officially closed on its acquisition of Lakeside Health System's property in Brockport, N.Y.

The Downey (Calif.) city council has approved Whittier, Calif.-based PIH Health's $9.85 million purchase of land occupied by Downey Regional Medical Center, according to a Los Angeles Wave report.

The boards overseeing East Jefferson Hospital in Metairie, La., and West Jefferson Medical Center in Marrero, La., have reached an impasse in deciding whether New Orleans-based Louisiana Children's Medical Center or Nashville, Tenn.-based Hospital Corp. of America should run the…