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Transactions & Valuation Issues

The Georgia Department of Community Health has approved a certificate of need request for a 50-bed Cancer Treatment Centers of America hospital in Newnan, Ga., according to a report by the Times-Herald.

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Lansing, Mich.-based Sparrow Health System will acquire Ionia County Memorial Hospital in St. Ionia, Mich., effective Jan. 1, according to a report by the Lansing State Journal.

The board of trustees of CMH Regional Health System has recommended that Clinton Memorial Hospital in Wilmington, Ohio, be put up for bid and become part of a for-profit corporation, according to a report in the Dayton Daily News.

Stillwater (Okla.) Medical Center has agreed to acquire a physician-owned Stillwater Surgery Center for $7.2 million, according to a report by the News Press.

Plans for a $9.2 million expansion to Soldiers and Sailors Memorial Hospital in Wellsboro, Pa., has received recommendation for approval from the Wellsboro Borough Planning Commission, according to a report in the Williamsport Sun-Gazette.

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