Transactions & Valuation Issues

Residents of West Kendall, Fla., voiced support of a certificate of need application by Baptist Health South Florida for a new hospital in their community, according to a report by the Miami Herald.

Milwaukee-based Aurora Health Care is looking into purchasing land in Richfield, Wis., for a new hospital, according to a report by the Business Journal of Milwaukee.

Texas Health Resources, the largest healthcare system in North Texas in terms of patients served, and LHP Hospital Group, have formed a joint venture to acquire 241-bed Wilson N. Jones Medical Center in Sherman, Texas, according to an LHP release.

Patients First Health Care, a 70-physician medical group in Washington, Mo., filed a letter of intent with the state to build a $1 million hospital with three beds and a 24-hour emergency department in Washington, according to a report in…

As capital markets begin to open up and healthcare reform starts to take shape, momentum for hospital acquisition activity is building, although the buyers and sellers may have different characteristics this time around.

Vancouver-Wash.-based Southwest Washington Health System and Bellevue-Wash.-based PeaceHealth, which announced their intent to merge last month, could be exempt from a review from Washington State officials because they are not expanding either hospital system, according to a report in The…

Knoxville, Tenn.-based Covenant Health and Morristown (Tenn.)-Hamblen Healthcare System have announced plans to merge, according to a report by WBIR News.

Overruling objections by Prime Healthcare Services, a U.S. Bankruptcy Court judge has approved the sale of Hemet (Calif.) Valley Medical Center and Menifee Valley Medical Center, in Sun City, Calif., to a group of local physicians, according to a report…

Martha's Vineyard (Mass.) Hospital is opening a 90,000 square-foot, $48 million replacement hospital that benefits from its 2007 merger with Partners HealthCare in Boston, according to a report from the Martha's Vineyard Gazette.

After seven years of planning to replace a structure started in 1923, Edgerton (Wis.) Hospital plans to break ground next month on a $26 million replacement hospital, according to a release by Edgerton Hospital.