Transactions & Valuation Issues

Pittsburgh-based Highmark is expected to announce a partnership with Erie, Pa.-based Saint Vincent Health System today, a sign the payor is moving forward with its plans to create a $1 billion integrated provider network, according to a Pittsburgh Tribune-Review report.…

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

Ashland (Ore.) Community Hospital's board of directors will give a presentation Oct. 16 to the City Council on the proposed merger with San Francisco-based Dignity Health, according to a Mail Tribune report.

Waterbury (Conn.) Hospital officials called off the potential merger with St. Mary's Hospital in Waterbury after more than a year of negotiations, according to a Hartford Courant report.

South Boston, Va.-based Halifax Regional Health System's board of directors has agreed to merge with Sentara Healthcare in Norfolk, Va.

University of Rochester (N.Y.) Medical Center and Jones Memorial Hospital in Wellsville, N.Y., have signed a letter of intent to develop a formal collaborative agreement, according to a Buffalo Business First report.

University of Louisville's (Ky.) board of trustees voted to give David Dunn, MD, executive vice president of health affairs, authority to sign a deal that would align University of Louisville Hospital with a private partner, according to a Business First…

The merger between Vineland, N.J.-based South Jersey Healthcare and Woodbury, N.J.-based Underwood-Memorial Hospital has received approval from a New Jersey Superior Court Judge, according to a Daily Journal report.

The boards of directors of Morristown, N.J.-based Atlantic Health System and Chilton Hospital in Pompton Plains, N.J., have agreed to merge Chilton Hospital and its affiliated Chilton Health Network facilities with Atlantic Health System.

Jersey City (N.J.) Medical Center may be close to announcing a partnership with Barnabas Health System in West Orange, N.J., according to a Jersey Journal report.