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Transactions & Valuation Issues

The Delaware Senate passed a bill that would make the conversion law inapplicable to the potential merger of Blue Cross Blue Shield of Delaware and Pittsburgh-based Highmark, according to a Delawareonline report.

Hospital operator Community Health Systems, through its subsidiaries, will sell 180-bed SouthCrest Hospital in Tulsa, Okla., and 89-bed Claremore Regional Hospital in Claremore, Okla., to Ardent Health's Tulsa, Okla.-based Hillcrest HealthCare System, according to a CHS release.

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