Transactions & Valuation Issues

Grand Rapids, Mich.-based Metro Health, Novi, Mich.-based Trinity Health and University of Michigan Health System, based in Ann Arbor, have joined together to launch Pennant Health Alliance, according to a U of M Health news release.

Appleton, Wis.-based ThedaCare and 25-bed Shawano (Wis.) Medical Center are in discussions about a potential partnership, according to a Post-Crescent report.

West Chester (Ohio) Medical Center will change its name to West Chester Hospital under new ownership by UC Health, according to a Middletown Journal report.

Wisconsin's Columbia St. Mary's has invested $417 million in constructing a new Milwaukee hospital set to open Oct. 12 after over four years of construction, according to a Journal Sentinel report.

Halifax Health, a public health system based in Port Orange, Fla., is considering whether to make another bid to acquire Bert Fish Medical Center in New Smyrna Beach, Fla., according to a Daytona Beach News-Journal report.

The board of commissioners of the North Broward Hospital District has voted to authorize Broward Health President and CEO Frank Nask to coordinate the transition of the Fort Lauderdale, Fla.-based healthcare system to a new community not-for-profit corporation, according to…

Franklin, Tenn.-based Community Health Systems expects to finalize its purchase of the assets of Youngstown, Ohio-based Forum Health by Oct. 1, according to a Business Journal Daily report.

Indianapolis-based Clarian Health System has entered discussions for a possible merger with Morgan County Hospital and Medical Center in Martinsville, Ind., according to an Indiana Public Media news report.

A subsidiary of Franklin, Tenn.-based Community Health Systems has offered a bid of $5 million for Bluefield (W.Va.) Regional Medical Center, according to a Bluefield Daily Telegraph report.

Hospitals and health systems are constantly refining their strategies based on changes in market dynamics. While these dynamics can include varying factors from changes in market competition to introduction of new medical technologies, perhaps nothing impacts the need for a…