Transactions & Valuation Issues

Pikeville (Ky.) Medical Center became the latest member of the Mayo Clinic Care Network, a collaboration in which hospitals and health systems can use Mayo Clinic's expertise in their own communities.

Central Carolina Hospital in Sanford, N.C., has received conditional approval from the state's Department of Health and Human Services to move forward with an estimated $13 million expansion of its emergency department, according to a Triangle Business Journal report. 

Cincinnati-based UC Health is planning a $135 million expansion of West Chester (Ohio) Hospital, according to a Cincinnati Business Courier report.

Massachusetts' Health Policy Commission is conducting a cost and impact review of Boston-based Partners HealthCare System's proposed acquisition of South Shore Hospital in Weymouth, Mass., which is already subject of a Department of Justice examination, according to a report by…

Requests for proposals to potential buyers of Port Huron (Mich.) Hospital will go out this summer, its board members announced, as the 186-bed non-profit community hospital faces declining population and reimbursement trends.

The board of directors at Claiborne County Hospital in Tazewell, Tenn., has approved a request for proposal to see what operators would be interested in running the 85-bed hospital and adjacent 100-bed nursing home, according to a Claiborne Progress report.

Veterans Affairs Montana Health Care System is planning a renovation of the VA Medical Center in Fort Harrison, Mont., that could cost up to $10 million, according to an Independent Record report.

County supervisors for Natchez (Miss.) Regional Medical Center hope to persuade the hospital's board of trustees to sell it, claiming they've been contacted by three interested buyers, according to a report by the Natchez Democrat.

PinnacleHealth System, a Harrisburg, Pa.-based network with two main acute-care hospitals and a third in the works, has entered into exclusive partnership negotiations with J.C. Blair Health System, based in Huntingdon, Pa.

Citing differences in perspective and vision for a new health system, officials at Detroit-based Henry Ford Health System and Royal Oak, Mich.-based Beaumont Health System have ended their merger discussions, which started more than six months ago.