Transactions & Valuation Issues

Jefferson Regional Medical Center in Jefferson Hills, Pa., and Pittsburgh-based health insurer Highmark are pursuing a strategic partnership in which Jefferson Regional will become a part of Highmark's integrated delivery system.

Charlotte, N.C.-based Carolinas HealthCare System has entered a management services agreement with Cone Health in Greensboro, N.C., which will become effective Oct. 1.

Last week, Franklin, Tenn.-based IASIS Healthcare announced it has $115.2 million in cash left over from a debt refinancing, and it plans to use that money to fund future acquisitions, development projects and other "general corporate purposes," according to a…

Rhode Island's House of Representatives passed legislation yesterday that will eliminate a state law requiring for-profit companies to wait three years between hospital acquisitions, according to a Providence Journal report.

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

Hospital mergers and acquisitions increased 12 percent in 2011, according to a Levin Associates report, with surgery center deals following suit. More healthcare facilities are likely to sell part or all of their business, meaning leaders must understand the factors…

Beacon Health System has been chosen as the new name for the parent structure combining Elkhart (Ind.) General Hospital and Memorial Hospital of South Bend (Ind.).

Pennsylvania Attorney General Linda Kelly has reached an agreement with Danville, Pa.-based Geisinger Health System to place provisions on its proposed acquisition of Bloomsburg (Pa.) Hospital.

Jones Memorial Hospital in Wellsville, N.Y., is pursuing a formal Collaborating Institution Agreement with the University of Rochester (N.Y.) Medical Center.

South Shore Hospital in Weymouth, Mass., has agreed to become a member of Boston-based Partners HealthCare System with a memorandum of understanding, according to a Boston Globe report.