Transactions & Valuation Issues

Mishawaka, Ind.-based Franciscan Alliance announced it is accepting prospective partners to acquire or form a joint venture with Franciscan St. James Health, a health system with hospitals based in Chicago Heights, Ill., and Olympia Fields, Ill., and hopes to enter…

Amidst leadership shuffling and uncertainty among shareholders, speculation is rising that Naples, Fla.-based Health Management Associates may consider selling itself to another entity, according to a Bloomberg report.

The City Council of Ashland, Ore., unanimously voted to approve Medford, Ore.-based health system Asante's takeover of Ashland Community Hospital, closing a two-year negotiation process, according to a report by the Mail Tribune.

Chicago-based Presence Health has plans to expand its footprint in Illinois, as the Catholic health system has signed a letter of intent to form an affiliation with Iroquois Memorial Hospital in Watseka, Ill.

Grenada (Miss.) Lake Medical Center board members met Monday with officials from Jackson-based University of Mississippi Medical Center to discuss a lease proposal, according to a report by the Grenada Star.

Kingwood (Texas) Medical Center is planning to complete a $71 million expansion project by 2014, according to a report by The Tribune.  

Maine Medical Center in Portland is planning a $40 million expansion, according to a Portland Press Herald report.

The United States is not the only major developed country going through a period of healthcare reform. The United Kingdom is as well, and it has high ambitions of saving $2 billion every year.

Glendive (Mont.) Medical Center and Billings (Mont.) Clinic have officially signed an affiliation agreement, according to a Billings Gazette report.

The American Hospital Association has released a report finding 551 community hospitals — or 10 percent of all community hospitals in the country — were involved in a merger or acquisition between 2007 and 2012, which the AHA claims has…