Transactions & Valuation Issues

Dissecting the hospital and health system market could take many routes, especially within the transaction field, but one trend continues to be evident: More hospitals are joining forces, either formally or through loose affiliations, to take on the new era…

CaroMont Health, based in Gastonia, N.C., has offered the Gaston Board of County Commissioners $45.5 million for CaroMont Regional Medical Center and the land it sits on, according to a Charlotte Business Journal report.

The Citrus County Hospital Board in Inverness, Fla. has turned down a bid from nonprofit Tampa (Fla.) General Hospital to take over public-owned Citrus Memorial Hospital, according to a Tampa Bay Business Journal report.

Wellmont Health System, based in Kingsport, Tenn., has announced that it considers both its bid and the Johnson City, Tenn.-based Mountain States Health Alliance's bid to acquire Unicoi County Memorial Hospital in Ervin, Tenn., null and void due to legal…

Gulf Coast Medical Center, based in Panama City, Fla., and Chipley, Fla.-based Northwest Florida Community Hospital have signed a clinical affiliation agreement, according to a Washington County News and Holmes County Times-Advertiser report.

The Portsmouth, N.H.-based nonprofit Foundation for Seacoast Health has lost its latest court battle against Nashville, Tenn.-based Hospital Corp. of America for ownership of Portsmouth Regional Hospital, according to a Foster's Daily Democrat report.

The Mount Sinai Medical Center and Continuum Health Partners have signed a definitive agreement to merge, creating the largest private health system in New York City.

The Keck Medical Center of USC in Los Angeles has officially acquired Verdugo Hills Hospital, effective yesterday.

The community of Brockport, N.Y., will regain some healthcare services, as the University of Rochester (N.Y.) Medical Center acquired several assets of Lakeside Health System.

Effective July 1, Carter Validus Mission Critical REIT owns Physicians Specialty Hospital in Fayetteville, Ark.