Transactions & Valuation Issues

The Wyoming Medical Center in Casper, Wyo., and the Cheyenne Regional Medical Center in Cheyenne, Wyo., have announced they are strongly considering creating a partnership.

The Pennsylvania Insurance Department held a public meeting on Tuesday to discuss the merger between Pittsburgh-based health insurer Highmark and the struggling West Penn Allegheny Health System, also based in Pittsburgh.

The California Supreme Court has refused to review an appeals court decision in an ownership dispute between Sutter Health and Eden Township Healthcare District for San Leandro (Calif.) Hospital, according to a Mercury News report.

Valley General Hospital in Monroe, Wash., and Capella Healthcare in Franklin, Tenn., have suspended partnership discussions.

Steward Health Care System in Boston has sold off a portfolio of 13 medical office buildings worth approximately $100 million in a leaseback agreement with Arizona-based Healthcare Trust of America, according to a Taunton Daily Gazette report.

Noyes Health Services in Dansville, N.Y., formerly Livingston Healthcare System, and the University of Rochester (N.Y.) Medical Center plan to begin a collaborative agreement, according to an Evening Tribune report.

The Illinois Health Facilities and Services Review Board has approved the acquisition of Ottawa (Ill.) Regional Hospital by OSF Healthcare System in Peoria, Ill., according to a report by The Times.

The healthcare industry has attracted a great deal of interest from private equity firms over the last few years. Many healthcare professionals believe the interest will continue, if not increase, as healthcare reform and other changes sweep U.S. healthcare. Private…

Texas Health Resources in Arlington has signed a letter of intent with Adventist Health System in Altamonte Springs, Fla., which "enables the organizations to consider forming a company" to own and operate Huguley Memorial Medical Center in Burleson, Texas, according…

The University of Louisville (Ky.) has postponed its selection of a new healthcare partner for its University Hospital in Louisville until June 30, according to a Courier-Journal report.