Transactions & Valuation Issues

WellStar Douglas Hospital in Douglasville, Ga., has broken ground on an $18 million intensive care unit expansion and emergency department renovation project, according to a Douglas County Sentinel report.

Denver-based Sisters of Charity of Leavenworth Health System announced it has entered into negotiations to sell Saint John's Health Center in Santa Monica, Calif., to Renton, Wash.-based Providence Health & Services, beating out several high-profile Catholic systems and a local…

Hackensack (N.J.) University Medical Center has reactivated its Adult Kidney Transplantation Program following a yearlong collaboration with CMS and United Network for Organ Sharing.

The Mississippi Supreme Court dismissed an appeal brought forth by Jackson, Miss.-based St. Dominic Hospital regarding a botched purchase of an ambulatory surgery center, according to a report by the Jackson Free Press and Associated Press.

A panel of New Jersey lawmakers has vowed to introduce legislation that would require the state health department and attorney general's office to examine for-profit companies' acquisitions of hospitals more aggressively, according to a Star-Ledger report.

Another major health system alliance has hit the Pacific Northwest, as Seattle-based University of Washington Medicine and Vancouver, Wash.-based PeaceHealth have signed a letter of intent to create a "strategic affiliation."

The board of directors of Clyde, N.C.-based MedWest voted last week to "explore alignment with a capital partner" for the three-hospital system, currently managed by Charlotte, N.C.-based Carolinas HealthCare System, according to a report by the Sylva Herald.

Memorial Hospital in Belleville, Ill., has broken ground on the $128 million Memorial Hospital-East in Shiloh, Ill., according to a Belleville News-Democrat report.

Four of the Department of Veterans Affairs' largest medical facility construction projects have significant cost increases and time delays, according to U.S. Government Accountability Office reports from April 4 and May 7.

Franklin, Tenn.-based Capella Healthcare is pursuing a 50-year lease agreement of county-owned OCH Regional Medical Center in Starkville, Miss., according to a Commercial Dispatch report.