Transactions & Valuation Issues

Piedmont Medical Center in Rock Hill, S.C., is planning a $19.8 million expansion of its emergency department, according to a Herald Online report.  

The University of Chicago announced the completion of its $700 million Center for Care and Discovery.

Mercy Health System of Maine in Portland and Eastern Maine Healthcare Systems in Brewer signed a definitive agreement to form a strategic alignment in which Mercy and all of its units will integrate into EMHS.

Hospitals and health systems are consolidating at a feverish pace, and this market transformation is gradually giving those organizations an unprecedented form of pricing power, according to an article from consulting firm Alvarez & Marsal.

Building a joint venture with a surgery center can be immensely useful for a hospital. The partnership can expand market share, build relationships with physicians, and create a low-cost, high-quality provider for patients seeking convenience. But the process towards symbiotic…

Eliza Coffee Memorial (East) Hospital in Florence, Ala., will soon break ground on a new facility in Florence, according to a WAFF-TV report.  

All parties in a hospital-ambulatory surgery center joint venture stand to benefit in many ways. Hospitals may gain new relationships with physicians while ASCs could receive a bump in reimbursement and gain access to the hospital's insurance product and additional…

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

West Chester, Pa.-based Chester County Hospital and Health System has signed a non-binding letter of intent to join the University of Pennsylvania Health System in Philadelphia.

It can be easy for hospital executives to focus on the structure of a transaction — whether they want to pursue a joint venture, a sale or a consolidation — as well as what organization will be the right partner.…