Transactions & Valuation Issues

Over the past year, interest from sophisticated investors in the hospital sector has increased significantly. Last year, private equity fund Cerberus Capital Management bought Caritas Christi Health Care System in Boston for $900 million, while Vanguard Health Systems, backed by…

Chief Administrative Law Judge D. Michael Chappell signed an order delaying the September hearing date of the Federal Trade Commission's review of Albany, Ga.-based Phoebe Putney Memorial Hospital's acquisition of Albany, Ga.-based Palmyra Medical Center, according to an Albany Herald…

Leaders with Kansas City, Kan.-based Kansas University Hospital, KU Medical Center and KU Physicians are set to begin negotiations to iron out a new affiliation agreement, according to a Lawrence Journal-World report.

Phillipsburg, N.J.-based Warren Hospital President and CEO Thomas Litz, as well as other hospital personnel, are expected to keep their positions if the hospital's merger with Bethlehem, Penn.-based St. Luke's Health Network becomes official, according to an Express-Times report.

Amidst a $2.2 million financial loss in 2010, Pauls Valley (Okla.) General Hospital is exploring a partnership with four health systems throughout the state, according to a Pauls Valley Democrat report.

During the second quarter of 2011, the healthcare sector posted 243 merger and acquisition deals worth a combined $73.7 billion, representing a 6 percent increase in volume of deals over the first quarter of 2011 and a 3 percent increase…

Sierra Vista Regional Health Center in Douglas, Ariz., has entered into a contract to manage 25-bed Southeast Arizona Medical Center, also in Douglas, effective July 14, according to a SVRHC news release.

Greenville (S.C.) Hospital System and Columbia, S.C.-based Palmetto Health are considering collaboration opportunities, according to a Greeneville News report.

Franklin, Tenn.-based Capella Healthcare has signed a letter of intent to explore a partnership with 45-bed, physician-owned Muskogee (Okla.) Community Hospital, according to a Capella news release.

Christine Varney, the outgoing head of antitrust for the Department of Justice, called on Congress to review the merger review process for U.S. organizations, saying the DOJ and Federal Trade Commission — which together oversee mergers — have "substantively different…