Transactions & Valuation Issues

Executives at Wise Regional Health System in Decatur, Texas, and North Texas Community Hospital in Bridgeport have formally signed transfer of ownership documents, meaning Wise Regional is now the owner of 35-bed NTCH, according to a Wise County Messenger report.

A previously proposed for-profit hospital pilot program in New York currently will not see the light of day, as it has been dropped from the state's budget, according to a New York Times report.

National watchdog groups raised questions in a letter (pdf) to the board of Little Rock, Ark.-based University of Arkansas Medical System regarding its proposed affiliation with St. Vincent Health System, also based in Little Rock, which is part of the…

Chapel Hill, N.C.-based UNC Health Care announced it has completed its merger with High Point (N.C.) Regional Health System.

Mandeville, La.-based Progressive Acute Care has finished its purchase of Dauterive Hospital in New Iberia, La., from the Regional Health System of Acadiana.

Minneapolis-based Fairview Health Services and Fargo, N.D.-based Sanford Health have entered exploratory merger discussions, potentially creating one of the largest non-profit health systems in the upper Midwest.

Over the past couple decades, consolidation has become one of the most highly discussed business strategies in almost every industry — and with it, there have been varying results.

In an effort to better integrate the system, Mayo Clinic announced its two main Rochester, Minn.-based hospitals, Saint Marys Hospital and Methodist Hospital, will become a single licensed hospital and operate under the name Mayo Clinic Hospital — Rochester.

Ocala, Fla.-based Munroe Regional Medical Center is considering two 40-year lease agreements with Naples, Fla.-based Health Management Associates and Brentwood, Tenn.-based Duke LifePoint, both for-profit hospital chains.

It's no secret that hospitals have been getting much friendlier with one another lately.