Transactions & Valuation Issues

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.

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.