Transactions & Valuation Issues

The healthcare industry is unique in its transactions. Although many industries have cashless mergers, only the healthcare industry can merge two non-profit organizations, whereby no compensation in cash or stock is paid to another party, says Bill Baker, partner and…

McKenzie Health System in Sandusky, Mich., and Marlette (Mich.) Regional Hospital are working toward a joint affiliation agreement, according to a Sandusky Tribune report.

The proposed merger between HealthPartners in Bloomington, Minn., and Park Nicollet Health Services in St. Louis Park, Minn., has cleared federal antitrust review, according to a Twin Cities Pioneer Press report.

Ashland (Ore.) Community Hospital has selected Medford, Ore.-based Asante Health System as an affiliation partner.

Maui Memorial Medical Center in Wailuku, Hawaii, is considering an affiliation with Banner Health in Phoenix, according to a Maui Weekly report.

Norton Healthcare in Louisville, Ky., and Clark Memorial Hospital in Jeffersonville, Ind., have signed an agreement to explore a potential partnership.

George Epstein, a former Conway, N.H.-based Memorial Hospital trustee, resigned in protest over the hospital's proposed partnership with MaineHealth in Portland, according to a Conway Daily Sun report.

Clifton-Fine Hospital in Star Lake, N.Y., is searching for a larger hospital in the region to partner with, in hopes of gaining financial strength and better services, according to a North Country Public Radio report.

The public hospital district that owns Valley Medical Center in Renton, Wash., is suing University of Washington Medicine in Seattle to determine the legality of the governance of a strategic alliance between VMC and UW Medicine, according to a Komo…

University of Maryland Medical System in Baltimore expects to complete its acquisition of St. Joseph Medical Center in Towson, Md., Dec. 1, according to a Baltimore Business Journal report.