Transactions & Valuation Issues

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

Washington, Mo.-based Patients First Health Care and Chesterfield, Mo.-based Mercy have completed a merger to integrate Patients First into Mercy.

A federal bankruptcy judge has denied Ontario, Calif.-based Prime Healthcare's request to acquire Victor Valley Community Hospital in Victorville, Calif., in favor of approving Riverside, Calif.-based KPC Group as the buyer.

The integration of Bloomsburg (Pa.) Hospital and its affiliates into Danville, Pa.-based Geisinger Health System received final approval from the Pennsylvania Attorney General's antitrust division.

St. Louis-based Ascension Health Care Network intends to acquire St. Mary's Hospital in Passaic, N.J., according to a North Jersey report.

Yale-New Haven (Conn.) Hospital received approval from the state's Department of Public Health for its proposed acquisition of the Hospital of St. Raphael in New Haven, according to a Yale Daily News report.

Franklin, Tenn.-based Capella Healthcare has finalized its long-term lease and management agreement to acquire Muskogee (Okla.) Community Hospital, creating one comprehensive health system comprised of Muskogee Community Hospital and Muskogee (Okla.) Regional Medical Center.

Franklin, Tenn.-based Community Health Systems has announced that its subsidiaries have acquired most of the assets of York, Pa.-based Memorial Health Systems.

Ontario, Calif.-based Prime Healthcare Services has completed its purchase of Saint Mary's Regional Medical Center in Reno, Nev., from Dignity Health in San Francisco, formerly Catholic Healthcare West.

St. Louis-based SSM Health Care has finalized its acquisition of Unity Health Center in Shawnee, Okla.