Transactions & Valuation Issues

Trey Crabb, president of Health Strategy Partners, a healthcare strategic advisory firm in Nashville, makes seven points on how health systems' strategies to acquire hospitals have changed.

Here are 18 hospital transactions that occurred in the previous week, beginning with the most recent.

Athens, Ga.-based St. Mary's Health Care System, part of Newtown Square, Pa.-based Catholic Health East, has signed a letter of intent to acquire Saint Joseph's East Georgia in Greensboro, Ga., according to an SJEG news release.

Industry sources say Underwood-Memorial Hospital in Woodbury, N.J. is close to signing an agreement to join Bridgeton, N.J.-based South Jersey Healthcare, according to a Philadelphia Business Journal report.

The Federal Trade Commission has completed its review of the proposed merger of St. Peter's Healthcare Services in Albany, N.Y., with Troy, N.Y.'s Northeast Health and Seton Health System, and has not challenged the transaction, according to a joint press…

North Memorial Health Care in Robbinsdale, Minn., has agreed to sell its 50 percent share in Plymouth, Minn.-based WestHealth to Minneapolis-based Allina Hospitals and Clinics, according to an Allina news release.

Olympic Medical Center in Port Angeles, Wash., and Forks (Wash.) Community Hospital have each approved a memorandum of intent to form a tertiary partnership with Seattle-based Swedish Medical Center, according to a Peninsula Daily News report.

White County Memorial Hospital in Monticello, Ind., has merged with Indianapolis-based Indiana University Health, according to a Journal and Courier report. The 25-bed, county-owned hospital owes $40 million in debt, which would become the county’s responsibility if the hospital defaults.…

Adams County Regional Medical Center in Seaman, Ohio, and Christ Hospital in Cincinnati have renewed their affiliation agreement for five more years, according to a People's Defender report.

Milton (Mass.) Hospital and Beth Israel Deaconess Medical Center in Boston have announced plans to merge in six months, according to a Boston Globe report. The 631-bed BIDMC and 81-bed Milton have shared a business relationship for eight years and…