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Transactions & Valuation Issues

City officials of North Kansas City, Mo., have hired three additional lobbyists to fight the passage of legislation that would end the city's ownership of North Kansas City Hospital and make the institution independent, effectively blocking some city officials' hopes…

Ontario, Calif.-based hospital chain Prime Healthcare Services offered to invest nearly $44 million into upgrades of St. Mary's Hospital in Passaic, N.J., if regulators approve its acquisition of the hospital, according to a report by The Record.

Rush Oak Park (Ill.) Hospital will shed its status as a Catholic hospital as Chicago-based Rush University Medical Center completes the final step of its 15-year deal to acquire it, according to a report by Crain's Chicago Business.

Massachusetts' Public Health Council approved a determination of need and granted a license to allow it to transfer ownership of South Shore Hospital in Weymouth, Mass., to Boston-based Partners HealthCare System, according to a report by the Boston Globe.

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In light of public scrutiny, Fargo, N.D.-based Sanford Health has withdrawn from merger discussions with Minneapolis-based Fairview Health Services.

Portland, Maine-based MaineHealth approved an agreement to add Memorial Hospital, based in North Conway, N.H., to its network after a year and a half of discussions, according to a report by the Bangor Daily News.

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