Transactions & Valuation Issues

Third-quarter net income for HCA rose 24 percent due to greater income per admission, while same-facility volume was flat and numbers of uninsured patients increased, according to a news release from HCA.

LHC Group, a LaFayette, La.-based home health and hospice provider, has entered into a joint venture with Rockcastle Regional Hospital and Respiratory Care Center in Mount Vernon, Ky., according to an LHC Group news release.

The $895 million sale of formerly not-for-profit Caritas Christi Health Care to for-profit Cerberus Capital Management has been finalized and the new system is planning an accountable care organization, according to a report by the Boston Globe.

A certificate of need has been filed with the West Virginia Health Care Authority for the proposed merger of Camden-Clark Memorial Hospital and St. Joseph's Hospital, both in Parkersburg, W.Va., according to a News and Sentinel report.

Denver-based Catholic Health Initiatives could play a significant role in a planned merger between University of Louisville Hospital and Jewish Hospital & St. Mary's Healthcare, also based in Louisville, according to an Insider Louisville report.

MedCath Corp. has entered into a definitive agreement to sell its stake in Texsan Heart Hospital in San Antonio to San Antonio-based Methodist Healthcare System, according to a MedCath news release.

Community Health Systems has rejoined negotiations to acquire Beaufort Regional Health System in Washington, N.C., according to a Nashville Business Journal report.

A decision on a merger between Shamokin Area Hospital in Coal Township, Pa., and Danville, Pa.-based Geisinger Health System is expected later this month, following nearly a year of talks between the two groups, according to a Daily Item report.

The University of Louisville Hospital and Jewish Hospital & St. Mary's Healthcare, also based in Louisville, are nearing the completion of their planned merger, according to a Business First report.

Sibley Memorial Hospital in Washington, D.C., has officially joined Baltimore-based Johns Hopkins, according to a Washington Post report.