Transactions & Valuation Issues

Jerry Johnson, an ex-state Democratic Party chairman, will be paid $200,000 this year to advise the president of Kentucky’s University of Louisville on the pending hospital merger, according to a Courier-Journal report. In January, the University of Louisville Foundation hired…

Westerly (R.I.) Hospital is aggressively seeking a partnership with another institution, as it may be “unable to sustain itself” without, according to a Westerly Sun report.   William McKendree, chairman of the hospital board, said hospital officials have been discussing…

The potential merger between Nashville, Tenn.-based Vanguard Health Systems and Chicago-based Holy Cross Hospital has been canceled, according to a Chicago Sun-Times report.

The Federal Trade Commission has approved the partnership between Stockbridge, Ga.-based Henry Medical Center and Atlanta-based Piedmont Healthcare, according to a joint news release.

Boston-based Partners HealthCare System has signed a letter of intent to acquire Neighborhood Health Plan, a Boston-based health insurer that covers more than 240,000 mostly low-income residents in the state, according to a Boston Globe report. By acquiring the non-profit…

Kentucky Governor Steve Beshear has called upon University Hospital in Louisville to maintain its public mission and offer a full range of services even if it merges with a Catholic system, according to a Courier-Journal report. The governor’s stance emerges…

Michigan Attorney General Bill Schuette has approved the Children's Hospital of Michigan Foundation to receive approximately $90 million in restricted charitable gifts that had been donated to Detroit Medical Center's Children's Hospital of Michigan, according to a foundation release.

During the second quarter of 2011, there were 32 hospital merger and acquisition deals, up six percent from the first quarter and up three percent from the same quarter last year. As the volume of mergers remains steady, hospitals looking…

A dispute between the Massachusetts Nurses Association and Boston-based Steward Health Care System could hold up Steward's $35 million acquisition of Quincy (Mass.) Medical Center, according to a Boston Globe report.

Indianapolis-based Indiana University Health has entered into a clinical affiliation with CVS Caremark's Minute Clinic, according to a Minute Clinic news release.