Transactions & Valuation Issues

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…

Strategic considerations and preparation for healthcare reform were the primary drivers for the highest consolidation activity in the hospital market since 2000, according to a new Fitch Ratings report.

The board of mayor and alderman for the town of Unicoi, Tenn., approved a resolution to object to and disapprove the process by which the Erwin, Tenn.-based Unicoi County Memorial Hospital's board of control approved an acquisition by Johnson City,…

A group of real-estate investors have submitted a bid for New York Westchester Square Medical Center in the Bronx, challenging Bronx, N.Y.-based Montefiore Medical Center's agreement to acquire the financially struggling hospital, according to a Wall Street Journal report.

Norwalk (Conn.) Hospital and Western Connecticut Health Network in Danbury have signed a final agreement to affiliate.

Naperville, Ill.-based Edward Hospital & Health Services and Elmhurst (Ill.) Memorial Healthcare have announced (pdf) plans to merge, which would create one of the larger integrated health systems in the state.

Rutherford Regional Health System in Rutherfordton, N.C., and Mission Health System in Asheville, N.C., signed a non-binding memorandum of understanding for RRHS to become a member of Mission Health.

Irving Levin Associates recently hosted a webinar, "Key Growth Sectors in the Health Care Merger & Acquisition Market," featuring a panel of experts with a wide range of experience in healthcare mergers and acquisitions. One of the panelists, Joshua Nemzoff,…

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

As is customary when a for-profit hospital company intends to acquire a charitable institution, the New Jersey Attorney General's office is closely reviewing the proposed sale of St. Mary's Hospital in Passaic, N.J., to Ontario, Calif.-based Prime Healthcare Services, according…