Transactions & Valuation Issues

Mt. Carmel Regional Medical Center in Pittsburg, Kan., has changed its name to Via Christi Hospital: Pittsburg, according to a report by the Joplin Globe.

A small Ohio hospital system sold a stake in one of its hospitals to a group of orthopedic surgeons immediately before enactment of the federal health reform law, according to a report by the Chronicle-Telegram.

The board of commissioners for Skagit Valley Hospital in Mt. Vernon, Wash., voted to approval the hospital's plans to purchase Skagit Valley Medical Center, a multi-specialty clinic with more than 100 providers, for $17.4 million, according to a news release…

Tampa, Fla.-based University Community Health System is exploring an affiliation with Adventist Health System, based in Winter Park, Fla., according to a report by the St. Petersburg Times.

Boston-based Caritas Christi Health Care, which recently agreed to be acquired by private equity firm Cerberus Capital, is moving forward with plans to acquire Landmark Medical Center in Woonsocket, R.I., according to a report by the Woonsocket Call.

In the wake of healthcare reform's passage, two major deals involving the possible acquisition of large non-profit hospital systems by for-profit firms have been announced: Vanguard Health Systems' acquisition of eight-hospital Detroit Medical Center and private equity firm Cerberus Capital's…

The 25-bed Hopedale (Ill.) Medical Complex, opened as a physician-owned hospital 55 years ago, is about to start a $20 million upgrade replacing 90-95 percent of the hospital, according to a report by the Peoria Journal-Star.

Financially ailing St. Vincent's Hospital Manhattan may have found a potential suitor in New York's Mount Sinai Medical Center, St. Vincent's officials told The New York Times.

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.