Transactions & Valuation Issues

Elkhart (Ind.) General Hospital and South Bend (Ind.) Memorial Hospital are in talks to affiliate under a joint board of directors, citing healthcare reform and future Medicare financial pressures as factors, according to an Elkhart Truth report.

Charlotte, N.C.-based Carolina HealthCare System is close to reaching a 50-year lease agreement for Carolinas Medical Center-Union Hospital in Monroe, N.C., that would keep county ownership of the hospital while making the hospital a full member of the CHS system,…

Jackson, Mich.-based Allegiance Health and Jackson County, Mich., may partner to help the county meet a state requirement regarding medical directorship of county health departments, according to a Jackson Citizen Patriot report.

Duke LifePoint Healthcare, the joint venture between Duke University Health System and LifePoint Hospitals has announced it has signed a definitive agreement to acquire Person Memorial Hospital in Roxboro, N.C.

Phoebe Putney Health System in Albany, Ga., has filed briefs with the 11th Circuit Court of Appeals to uphold a district federal court ruling clearing the way for the purchase of Palmyra Medical Center, also in Albany, according to a…

University of North Carolina at Asheville and Mission Health System, based in Asheville, have entered into a formal affiliation to develop collaborative healthcare programs, according to an Asheville Citizen-Times report.

Atlanta-based St. Joseph’s Health System and Emory Healthcare have reportedly filed a required notice with the state Attorney General’s Office for a new joint operating company: Emory/Saint Joseph’s, according to an Atlanta Business Chronicle report. The proposed deal will leave…

University of Louisville officials have begun negotiations with a local provider to offer tubal ligations as the academic hospital prepares to merge with two Kentucky hospitals in the Denver-based Catholic Health Initiatives system, according to a Courier-Journal report. If an…

The following developments, related to hospital and health system transactions, occurred within the past week. 1. Chicago’s Holy Cross Hospital, Vanguard Health Systems Planned Merger Called OffThe potential merger between Nashville, Tenn.-based Vanguard Health Systems and Chicago-based Holy Cross Hospital…

The Illinois health board has signed off on a proposed affiliation between Des Moines-based Iowa Health System and Peoria, Ill.-based Methodist Health Services, according to an IHS news release. The Illinois Health Facilities and Services Review Board approved a Certificate…