Transactions & Valuation Issues

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

The U.S. Department of Justice and Massachusetts Attorney General Martha Coakley are closely scrutinizing Boston-based Partners HealthCare System's bid to acquire South Shore Hospital in Weymouth, Mass., according to a Boston Globe report.

The board of directors for Lakeland (Fla.) Regional Medical Center and its parent Lakeland Regional Health System voted to join Tampa-based University of South Florida's new health system, according to a report by The Ledger.

As the United States moves forward with healthcare reform, many hospitals and health systems continue to pursue and form partnerships ranging from strategic alliances to sales or mergers. While there is no rule for the type of hospitals or health…

Sound Shore Medical Center in New Rochelle, N.Y., is considering a partnership with one of four larger, regional hospitals, according to a Journal News report.

Branson, Mo.-based Skaggs Regional Medical Center's board of directors and Springfield, Mo.-based CoxHealth's trustees have agreed to partner.

St. Mary's, Pa.-based Elk Regional Health System's board of directors approved and signed an affiliation agreement with Penn Highlands Healthcare in DuBois, Pa.

Rutherford Regional Health System in Rutherfordton, N.C., is negotiating a non-binding memorandum of understanding for an affiliation with Mission Health in Asheville, N.C.

Officials at the University of Louisville (Ky.) Hospital have extended the Sept. 28 request for proposals deadline in their search for a partner, according to a Business First report.

Earlier this week, Evanston, Ill.-based NorthShore University HealthSystem announced it was joining the Mayo Clinic Care Network. NorthShore is the most recent health system to enter into a non-ownership relationship with Rochester, Minn.-based Mayo Clinic by joining its Mayo Clinic…