Transactions & Valuation Issues

Rochester (N.Y.) General Health System announced it has expanded its affiliation with United Memorial Medical Center, based in Batavia, N.Y.

Kennedy Health System, based in Washington Township, N.J., and Virtua, based in Marlton, N.J., have confirmed they have begun considering "collaboration opportunities" with one another, according to a report by the South Jersey Times.

The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.

The Federal Trade Commission has "issued at least one subpoena" regarding a proposed merger between Mercy Hospital Hot Springs (Ark.) and National Park Medical Center, also in Hot Springs, though details surrounding the subpoenas and investigation have not been provided,…

A U.S. bankruptcy judge has approved Bronx, N.Y.-based Montefiore Medical Center's bid to acquire New York Westchester Square Medical Center in the Bronx, according to a New York Daily News report.

Jordan Health Systems in Plymouth, Mass., and Boston-based Beth Israel Deaconess Medical Center announced plans for JHSI to become part of BIDMC.

Dallas-based Tenet Healthcare has announced the formation of a joint venture partnership between its San Ramon (Calif.) Regional Medical Center and John Muir Health in Walnut Creek, Calif.

Frederick (Md.) Regional Health System, Meritus Health in Hagerstown, Md., and Western Maryland Health System in Cumberland, Md., have signed a memorandum of understanding to enter into strategic discussions for an affiliation.

Northwest Community Hospital in Arlington Heights, Ill., confirmed that it is exploring partnership possibilities with other hospitals and health systems, according to a Chicago Tribune report.

The total cost of the transaction between West Penn Allegheny Health System and health insurer Highmark, both based in Pittsburgh, was originally estimated to be around $475 million, but now the costs will be more than triple that at $1.6…