Transactions & Valuation Issues

Hartford, Conn.-based Saint Francis Care and St. Louis-based Ascension Health Care Network have signed a letter of intent for a potential integration of Saint Francis into Ascension in order to build a statewide healthcare delivery system.

Holy Cross Hospital is joining Sinai Health System, effective Jan. 16.

North Adams, Mass.-based Northern Berkshire Healthcare officials are setting their sights on the system's upcoming affiliation with Berkshire Health Systems in Pittsfield, Mass., after a tumultuous year that saw Northern Berkshire emerge from bankruptcy, according to a North Adams Transcript…

The Regents of the University of California may review the proposed affiliation agreement between San Francisco-based UCSF Medical Center and Children's Hospital & Research Center Oakland (Calif.) Jan. 16, according to a San Francisco Business Times report.

West Tennessee Healthcare in Jackson and Vanderbilt University Medical Center in Nashville have agreed to affiliate and for clinical research, joint centers of excellence and specific patient care programs.

TeamHealth in Knoxville, Tenn., announced that it has acquired the practice of San Francisco Physicians Internationale, the physician group that provides services to the emergency department of San Ramon (Calif.) Regional Medical Center.

Piedmont Medical Center in Rock Hill, S.C., is planning a $19.8 million expansion of its emergency department, according to a Herald Online report.  

The University of Chicago announced the completion of its $700 million Center for Care and Discovery.

Mercy Health System of Maine in Portland and Eastern Maine Healthcare Systems in Brewer signed a definitive agreement to form a strategic alignment in which Mercy and all of its units will integrate into EMHS.

Hospitals and health systems are consolidating at a feverish pace, and this market transformation is gradually giving those organizations an unprecedented form of pricing power, according to an article from consulting firm Alvarez & Marsal.