Transactions & Valuation Issues

During a Dec. 14 press conference, Dallas-based Baylor Health Care System and Scott & White Healthcare in Temple, Texas, announced the signing of an agreement of intent to combine their health systems.

In November, the University Medical Center, operator of University of Louisville Hospital and the James Graham Brown Cancer Center, announced a joint operating agreement bringing together University Hospital with KentuckyOne Health in Louisville. This joint operating agreement is the result…

A proposed strategic alliance between Heywood Hospital in Gardner, Mass., and Athol (Mass.) Memorial Hospital was approved by the Massachusetts Department of Public Health and the state attorney general's office.

Wenatchee, Wash.-based Central Washington Hospital's board of directors has voted to affiliate with Wenatchee Valley Medical Center, according to a Wenatchee World report.

Faxton St. Luke's Healthcare in Utica, N.Y., and St. Elizabeth Medical Center in Utica have signed a memorandum of understanding toward a potential full affiliation agreement.

Residents of Unicoi County are unhappy that Unicoi County Memorial Hospital in Erwin, Tenn., accepted Johnson City, Tenn.-based Mountain States Health Alliance's acquisition proposal and held a rally in opposition Dec. 13, according to a Johnson City Press report.

Montefiore Medical Center in Bronx, N.Y., has reached an agreement to purchase New York Westchester Square Medical Center in the Bronx, according to a Bronx Times report.

EvergreenHealth in Kirkland, Wash., and Valley General Hospital in Monroe, Wash., approved an agreement that makes Valley General Hospital an affiliate of EvergreenHealth.

Board members of the Mercy Health Ministry met with Bishop Anthony B. Taylor of the Diocese of Little Rock, Ark., Dec. 7 to discuss the proposed sale of Mercy Hospital Hot Springs (Ark.), according to an Arkansas Catholic report.

Columbia, Md.-based MedStar Health completed its acquisition of Southern Maryland Hospital Center in Clinton, Md.