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Transactions & Valuation Issues

Naples, Fla.-based Health Management Associates announced it has signed a definitive agreement to sell its 140-bed Riley Hospital in Meridian, Miss., to Anderson Regional Medical Center, also in Meridian, according to an HMA news release.

Betsy Johnson Regional Hospital in Dunn, N.C., will merge into Harnett Health System, a new health system that will include Betsy Johnson and a new hospital in Lillington, N.C., which is expected to open in 2012, according to a Fayetteville…

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On Thursday, Dec. 9, Franklin, Tenn.-based Community Health Systems offered an unsolicited $3.3 billion bid for Dallas-based Tenet Healthcare in an effort to become the largest hospital operator in the country. Read the developments of the bid, from its initial…

Saint Joseph Mercy Health System in Ann Arbor, Mich., has completed a merger with IHA, one of the largest physician groups in the Ann Arbor area, according to an SJMHS news release. IHA has more than 150 physicians across 32…

Non-profit Phoebe Putney Hospital in Albany, Ga., plans to spend $195 million to buy Palmyra Medical Center, a for-profit also in Albany, according to an Albany Herald report. Phoebe approached Palmyra’s parent company, Nashville, Tenn.-based Hospital Corporation of America, with…

Morgan County officials have approved the merger between Morgan Hospital & Medical Center in Martinsville, Ind., and Indianapolis-based Clarian Health, according to an Indianapolis Business Journal report.

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