Transactions & Valuation Issues

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

St. Joseph Medical Center in Towson, Md., owned by Catholic Health Initiatives in Denver, may become part of a non-Catholic hospital system, according to a Baltimore Sun report.

The Washington Township Health Care District in Fremont, Calif., parent of Washington Hospital Health System, also in Fremont, has announced approval a letter of intent to preserve the financially struggling St. Rose Hospital in Hayward, Calif.

The University of Louisville's (Ky.) Hospital has officially issued a request for potential partners, according to a Courier-Journal report.

Robert Wood Johnson University Hospital in New Brunswick, N. J., and Somerset Medical Center in Somerville, N. J., have agreed to "explore a partnership," according to a New Jersey Business report.

Baystate Health in Springfield, Mass., and Massachusetts General Hospital in Boston, have both expressed interest in acquiring The Cooley Dickinson Hospital of Western Massachusetts in Northampton, according to a Daily Hampshire Gazette report.

Evergreen Healthcare in Kirkland, Wash., and Virginia Mason Medical Center in Seattle, have approved their strategic partnership, according to a joint news release.

High Point (N.C.) Regional Health System's board of trustees has approved the search for a strategic partner, according to a Business Journal report.

Winter Haven (Fla.) Hospital has narrowed its field of potential partners to BayCare Health System in Clearwater, Fla., Mayo Clinic Jacksonville (Fla.) and Shands Healthcare at University of Florida in Gainesville, Fla., according to a News Chief report.

Carroll County Memorial Hospital in Carrollton, Mo., and Norton Healthcare in Louisville, Ky., have announced an affiliation agreement, according to a Madison Courier report.