Transactions & Valuation Issues

Clifton-Fine (N.Y.) Hospital is exploring an affiliation with a larger hospital or health system after being denied non-profit status, according to a Watertown Daily News report.

The merger of Rowan University in Glassboro, N.J., and Rutgers' campus in Camden, N.J., are moving forward in the state legislature, despite concerns about University Hospital's viability and objections from the academic community, according to a Newsday report.

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

University of Louisville (Ky.) has again delayed its decision on a new partner for University Hospital, according to a Courier-Journal report.

Chicago-based Provena Health and Resurrection Health Care Corp. have spent a combined $18.4 million on their merger, which formed Presence Health, the second largest hospital network in the Chicago area, according to a Crain's Chicago Business report.

The agreement between Hartford (Conn.) HealthCare and Norwich, Conn.-based Backus Corp., parent company of Backus Healthcare System, will give Hartford HealthCare control over Backus Healthcare hospitals, including the power to veto capital projects and hire or remove administrators, according to…

North Kansas City Hospital officials do not want the hospital to be sold, according to a Kansas City Star report.

Merger discussions between two of New York City's biggest hospitals systems — NYU Langone Medical Center and Continuum Health Partners — broke down abruptly after Continuum received a competing offer from another New York City-based hospital system, Mount Sinai Medical…

Highline Medical Center in Burien, Wash., is selling its Tukwila (Wash.) Specialty Campus and negotiating a partnership with another hospital organization, according to a Puget Sound Business Journal report.

University of Rochester (N.Y.) Medical Center and Canandaigua, N.Y.-based Thompson Health have signed an official agreement making Thompson Health an affiliate of URMC.