Transactions & Valuation Issues

Fargo, N.D., and Sioux Falls, S.D.-based Sanford Health has received permission from federal antitrust officials to acquire Bismarck, N.D.-based Medcenter One Hospital, according to a Bismarck Tribune report.

Memorial Hospital of Adel (Ga.) will change its name to Cook Medical Center-A Campus of Tift Regional Medical Center on July 2, to reflect its recent purchase by The Hospital Authority of Tift County, which owns and operates Tift Regional…

The city council of North Kansas City, Mo., has voted to consider a sale or merger for North Kansas City Hospital, according to a Fox 4 News report.

CHRISTUS Santa Rosa Hospital-Medical Center in San Antonio has signed a letter of intent with Birmingham, Ala.-based HealthSouth to sell its inpatient rehabilitation unit to the rehabilitation hospital operator.

Seton Medical Center Harker Heights (Texas) announced (pdf) its opening, achieved through a joint venture between Plano, Texas-based LHP Hospital Group and Austin, Texas-based Seton Family of Hospitals.

Columbia Memorial Hospital in Hudson, N.Y., intends to put a $2.4 million grant toward potentially buying and renovating the Greene Medical Arts building in Jefferson Heights, N.Y., according a Daily Mail report.

Salinas (Calif.) Valley Memorial Healthcare System has agreed to extend the deadline for submittal of letters of intent from Nashville, Tenn.-based HCA and Salina, Calif.-based Natividad Medical Center to July 2.

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

Glendive (Mont.) Medical Center is pursuing a collaborative management agreement with Billings (Mont.) Clinic, according to a Billings Gazette report.

The Commissioner of the New Jersey Department of Health and Senior Services has approved Glen Ridge, N.J.-based Mountainside Hospital's transfer of ownership to Hackensack (N.J.) University Health Network and LHP Hospital Group in Plano, Texas.