Transactions & Valuation Issues

Hospitals are increasingly employing physicians to gain market share and integrate providers into hospital operations, creating a problem for surgery centers that depend on surgical case volume from independent practitioners. Jason Ruchaber, CFA, ASA, partner at HealthCare Appraisers, discusses six…

Pennsylvania State Senator Shirley Kitchen (D-Pa.) expressed disapproval of Ontario, Calif-based Prime Healthcare Services' acquisition of Roxborough Memorial Hospital in Philadelphia in a March 26 letter to the director of the Pennsylvania Department of Health, Eli Avila, according to a…

Mercy Health System in Chicago has announced it has completed its affiliation with Trinity Health, a Catholic healthcare system in Novi, Mich.

Orlando (Fla.) Health has acquired Health Central in Ocoee, Fla., for $181.3 million after over a year of negotiations, according to an Orlando Sentinel report.

Cheboygan (Mich.) Memorial Hospital has announced it is closing after a long-awaited proposed sale to McLaren Health Care fell through.

Twin County Regional Healthcare in Galax, Va., has announced an agreement with Duke LifePoint Healthcare in Brentwood, Tenn., to jointly own and operate Twin County Regional and its affiliated assets.

Sacred Heart Health System in Pensacola, Fla., and LHP Hospital Group in Plano, Texas, announced the completion of a 40-year lease and asset purchase agreement to form a joint venture to lease and operate Bay Medical Center in Panama, Fla.

Health Management Associates in Naples, Fla., has completed its joint venture with five Oklahoma hospitals owned by Integris Health in Oklahoma City.

A new ambulatory surgery center in Elk Grove, Calif., for Sutter Health is expected to open this summer, according to an Elk Grove Citizen report.

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