Transactions & Valuation Issues

Englewood, Colo.-based Catholic Health Initiatives and Vancouver, Wash.-based PeaceHealth have agreed to suspend their discussions after signing a non-binding agreement with intent to affiliate in August 2012.

Asheville, N.C.-based health systems CarePartners Health Services and Mission Health announced they have entered into a nonbinding memorandum of understanding in which CarePartners will become an affiliated member of Mission Health.

Boston-based Massachusetts General Hospital's plan to acquire Northampton, Mass.-based Cooley Dickinson Hospital was discussed at a public hearing as a step to determine whether a certificate of need would be issued, according to a report by The Republican.

Oak Brook, Ill.-based Advocate Health Care has made a nonbinding pledge to invest $200 million over five years into Elgin, Ill.-based Sherman Health, which signed a letter of intent to merge with Advocate in October 2012, according to a report…

Naples, Fla.-based Health Management Associates announced it has officially launched its joint venture partnership with Bayfront Health System in St. Petersburg, Fla.

South Georgia Medical Center, based in Valdosta, Ga., fully unrolled its affiliation with Berrien County Hospital in Nashville, Ga., at a ribbon cutting ceremony to commemorate SGMC's October 2012 purchase of the 63-bed community hospital and a walk-in clinic.

Ontario, Calif.-based hospital chain Prime Healthcare Services announced it has completed its purchase of two Kansas hospitals from Denver-based Sisters of Charity of Leavenworth Health System.

Emanuel Medical Center, a 72-bed hospital based in Swainsboro, Ga., has signed a joint management and lease agreement with ER Hospitals, a hospital management group based in Salt Lake City, according to a Swainsboro Forest-Blade report.

St. Louis-based Ascension Health, the largest Catholic health system in the United States, officially grew its base further today, completing its acquisition of Marian Health System, a Tulsa, Okla.-based provider with three regional health systems.

Effective today, Johnston Health, a public health system based in Smithfield, N.C., and Chapel Hill, N.C.-based UNC Health Care have entered exclusive negotiations for a strategic partnership.