Transactions & Valuation Issues

Schneider Children's Hospital in New Hyde Park, N.Y., is changing its name to the Steven and Alexandra Cohen Children's Medical Center of New York, after the Cohen family's foundation donated $50 million to it, according to a report by Newsday.

Boston-based non-profit Caritas Christi Health Care, which operates six hospitals including St. Elizabeth's Medical Center in Brighton, Mass., has agreed to be acquired by New York private equity firm Cerberus Capital Management, according to a report by the Boston Globe.

In a committee meeting, Maine lawmakers removed a measure that would simplify the regulatory process for hospital and healthcare provider mergers, according to a report in The Sun Journal.

The Louisiana legislature has approved a plan to move medical education and inpatient care for Louisiana State University from 157-bed Earl K. Long Medical Center to 740-bed Our Lady of the Lake Regional Medical Center in Baton Rouge, according to…

The Georgia Court of Appeals has given 315-bed Northeast Georgia Medical Center in Gainesville, Ga., the green light for construction of a new hospital in Braselton, Ga., according to a report by the Gainesville Times.

The former Helene Fuld Medical Center in Trenton N.J., has changed its name to Capital Health Regional Medical Center to highlight its role in the Capital Health hospital system, according to a report by the Trentonian.

Construction crews will have to work "at near-breakneck speeds" to get Kearney (Neb.) Regional Medical Center completed before a ban on physician-owned hospitals under the federal health reform bill goes into effect on Dec. 31, according to a report by…

Greeley (Colo.) Medical Clinic, an 80-physician multispecialty medical group, is being courted by two health systems for a possible merger, according to a report by The (Greeley) Tribune.

Eight-hospital Detroit Medical Center, Michigan's largest healthcare system, has named Mary Zuckerman its new executive vice president and chief operating officer, according to a report by Hometown Life.

PeaceHealth, a Bellevue, Wash.-based nonprofit hospital system with facilities in Washington state, Oregon and Alaska, announced it is in merger talks with Southwest Washington Health System, which operates Vancouver, Wash.'s largest hospital, Southwest Washington Medical Center, a two-campus facility.