Transactions & Valuation Issues

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

The U.S. healthcare landscape is undergoing a unique, transformative period. Many changes, soon to be or already implemented, are affecting the operations and philosophy of the industry.

Lawrence & Memorial Hospital in New London, Conn., has submitted a "preliminary nonbinding proposal" to acquire some, or all, of Westerly (R.I.) Hospital's assets, according to a report by The Day.

The Rhode Island Senate unanimously approved a bill yesterday to eliminate a requirement that for-profit hospital corporations wait three years between acquiring hospitals, according to a Providence Journal report.

OSF Healthcare in Peoria, Ill., and Rockford (Ill.) Health have canceled plans to merge, with "great reluctance," citing the preliminary injunction granted to halt the deal and the prospect of a two-year legal battle with the Federal Trade Commission as…

Partners HealthCare System in Boston may be discussing an acquisition of South Shore Hospital in Weymouth, Mass., according to a Boston Globe report.

Compared to the past, healthcare executives of hospital and health systems, either looking to acquire other organizations or seeking a partner, are approaching mergers and affiliations differently. There are different goals in mind.

Sparrow Health System in Lansing, Mich., and Hayes Green Beach Memorial Hospital in Charlotte, Mich., have signed a nonexclusive affiliation agreement committing both organizations to jointly develop operational, clinical and programmatic services.

Ashland (Ore.) Community Hospital's board of directors have announced an agreement to exclusively negotiate a partnership with Dignity Health in San Francisco.

The sale of Cheboygan Memorial Hospital to McLaren Health Care in Flint, Mich., is still a possibility, according to a Cheboygan Daily Tribune report.