Transactions & Valuation Issues

As a hospital's financial expert, the CFO plays an important role during an M&A process. The CFO's role is not solely financial, and just like the other executives, he/she can offer insight into multiple critical issues during a transaction.

North Kansas City (Mo.) Hospital officials have filed an injunction against the city of North Kansas and the city council to stop the sale of the hospital, according to a Fox 4 report.

Hackensack (N.J.) University Health Network and LHP Hospital Group in Plano, Texas, have completed a joint venture purchase of Mountainside Hospital in Montclair, N.J., from Louisville, Ky.-based Merit Health Systems.

Los Robles Hospital & Medical Center in Thousand Oaks, Calif., and Thousand Oaks (Calif.) Surgical Hospital have begun discussing (pdf) a potential partnership.

Approximately 150 physicians affiliated with Abington (Pa.) Memorial Hospital strongly oppose the hospital's proposed merger with Huntingdon Valley, Pa.-based Holy Redeemer Health System, according to a Philadelphia Inquirer report.

Englewood, Colo.-based Catholic Health Initiatives and Omaha, Neb.-based Immanuel Communities, the co-sponsors of Alegent Health in Omaha, have signed a letter of intent for CHI to become the sole sponsor of Alegent Health, according to a Southwest Iowa News report.

When hospitals merge in concentrated markets, the price increase can be dramatic, according to a research review by the Robert Wood Johnson Foundation.

Sierra Vista (Ariz.) Regional Health Center has announced that it is seeking a partner to help build a new multi-million dollar facility, according to a Sierra Vista Herald Review report.

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

Dobbs Equity Partners, a private investment company that agreed to buy Bamberg (S.C.) County Hospital and Barnwell (S.C.) County Hospital, has failed to close the deal to build a new hospital by deadline, according to a WJBF News Channel 6…