Transactions & Valuation Issues

Washington state regulators have approved plans for Seattle-based Swedish Health Services to lease and operate hospital district-owned Steven Hospital in Edmonds, Wash., according to a Seattle Times report.

St. Joseph's Hospital and Arnot Ogden Medical Center, both located in Elmira, N.Y., have signed a letter of intent to explore a merger, according to a report by the Star Gazette.

Memphis, Tenn.-based Methodist Le Bonheur Healthcare has passed its final hurdle in building a $137 million hospital in Olive Brach, Miss., according to a Desoto Times Tribune report.

Prospect Medical Holdings, a Los Angeles-based managed care provider, which operates five hospitals, has agreed to be acquired by Leonard Green & Partners, a private equity firm and members of the company's own management team for $205 million, according to…

As the market for distressed hospitals heats up again, Jim Rolfe, a managing director for transactions at Dallas-based VMG Health, offers three considerations on why and how hospitals and health systems go about acquiring distressed hospitals.

Helen Ellis Memorial Hospital in Tarpon Springs, Fla., is one step closer to a merger with Winter Park, Fla.-based Adventist Health System Sunbelt, according to a St. Petersburg Times report.

The Federal Trade Commission has approved the forced sale of an imaging center owned by Roanoke, Va.-based Carilion Clinic to Lake Forest, Calif.-based InSight Health Corp, according to a Roanoke Times report.

The advisory board of Suburban General Hospital in Bellevue, Pa., has dropped its suit against West Penn Allegheny Health System over the health system's plan to end emergency and inpatient services at the 59-bed hospital, according to a Philadelphia Inquirer…

With the current contract between United Healthcare and Orlando's Florida Hospital set to expire at midnight Saturday, patients are rushing to see physicians while they can still pay in-network rates, according to an Orlando Sentinel report.

Bert Fish Foundation has filed a lawsuit alleging the recent merger of public Bert Fish Medical Center in New Smyrna Beach, Fla., and private Florida Hospital in Orlando, which is part of Adventist Health System, violates the state's Sunshine Law,…