Transactions & Valuation Issues

University of Rochester (N.Y.) Medical Center announced that Pluta Cancer Center in Rochester has legally transferred its programs and services to URMC.  

Licking Memorial Health System in Newark, Ohio, has completed the purchase of Medical Center of Newark, a 20-bed physician-owned hospital.

St. Joseph Regional Medical Center in Lewiston, Idaho, has reached an agreement to acquire Lewis Clark Gastroenterology in Lewiston, according to a Talk Radio 950 KOZE-AM report.

St. Louis-based Ascension Health and Los Altos, Calif.-based Daughters of Charity Health System have signed a formal affiliation agreement, under which Daughters of Charity's six hospitals will operate under the largest Catholic health system in the country.

Pittsburgh-based Highmark, a health insurer, plans to finalize its acquisition of Erie, Pa.-based St. Vincent Health System early in the first quarter of 2013, according to a Pittsburgh Tribune-Review report.

St. Louis-based Ascension Health is negotiating with Kansas City, Mo.-based HCA Midwest Health System to sell St. Joseph Medical Center in Kansas City and St. Mary’s Medical Center in Blue Springs, Mo., as well as other subsidiaries of Kansas City-based…

New Symrna Beach, Fla.-based Bert Fish Medical Center's Dec. 20 deadline for partnership proposals has come and gone with only two submissions, according to a Daytona Beach News-Journal report.

Although Lawrence & Memorial Hospital in New London, Conn., completed the regulatory filings for its purchase of Westerly (R.I.) Hospital about six weeks ago, the purchase is still waiting regulatory approval, according a report by The Westerly Sun.

Northeast Alabama Regional Medical Center in Anniston, Ala., and Franklin, Tenn.-based Capella Healthcare have signed a definitive agreement for RMC to acquire Jacksonville (Ala.) Medical Center from Capella.

Thirteen months after the two parties penned an affiliation agreement, the Pennsylvania Insurance Department is requesting more specific information about Pittsburgh-based health insurer Highmark's $475 million acquisition of West Penn Allegheny Health System, according to a Pittsburgh Business Times report.