Transactions & Valuation Issues

Here are 10 recent stories from Becker's Hospital Review on recent hospital merger and acquisition activity.

Health Central, based in Ocoee, Fla., received proposals from four hospital operators for a possible partnership, according to an Orlando Sentinel report.

The Federal Trade Commission has approved a merger between Pen Bay Healthcare in Rockport, Maine, and MaineHealth in Portland, according to a Herald Gazette report.

MedCath Corp. announced it has completed the sale of its minority ownership in Southwest Arizona Heart and Vascular Center in Phoenix, according to a MedCath news release.

MedCath has completed the sale of 58-bed Heart Hospital of Austin (Texas) to St. David's Healthcare, according to a MedCath news release.  

The Christ Hospital in Cincinnati has acquired two orthopedics practices in the area, including a four-physician concern founded 120 years ago, according to a hospital release.

St. Luke’s Episcopal Health System in Houston has acquired 51 percent of a physician-owned hospital in South Pasadena, Texas, according to a Bay Area Citizen report.

After reviewing proposals from companies interested in purchasing the city-owned Hoboken (N.J.) University Medical center, the City of Hoboken and the Hoboken Municipal Hospital Authority continue to move towards privatization, according to a City of Hoboken news release.

The Massachusetts Supreme Court has approved the sale of non-profit Caritas Christi Healthcare to private equity firm Cerberus Capital Management, according to a Bloomberg Businessweek report.

Hutcheson Medical Center in Fort Oglethorpe, Ga., will begin partnership negotiations with Chattanooga, Tenn.-based Erlanger Health, according to a Chattanooga Times Free Press report.