Transactions & Valuation Issues

Construction has begun on a new, 30,000-square-foot surgical hospital in Humble, Texas, according to a report by the Houston Chronicle.

Voters from California public hospital district Valley Health System have approved the sale of three Valley Health facilities to a group of private physicians, according to a report by the Southwest Riverside News Network.

University of California San Francisco is moving forward with plans to construct a $1.6 billion medical center at Mission Bay, according to a report by UCSF Today.

Groundbreaking will soon begin on a new $14 million medical office building on the campus of Allina Hospitals & Clinics' Unity Hospital in Fridley, Minn., according to a report by the Minneapolis/St. Paul Business Journal.

Lakeland HealthCare in St. Joseph, Mich., and Southwestern Medical Clinic in Berrien Springs, Mich., have agreed to merge after 18 months of discussions, according to a Lakeland Health news release.

St. Francis Healthcare System of Hawaii has filed plans to reorganize following bankruptcy, and as part of the reorganization, seeks to regain ownership of two hospitals it sold to Hawaii Medical Center for $67.9 million, according to a report by…

Simi Valley (Calif.) Hospital has completed a $75 million expansion and announced a $41 million plan to double its emergency room and surgical services, according to a report in the Ventura County Star.

The Rehabilitation Institute of Chicago has bought land near its downtown Chicago site to build a replacement hospital, according to the Chicago Tribune.

Hospital Corporation of America has received a certificate of need to build a new hospital outside of Jacksonville, Fla., according to a report by the Jacksonville Business Journal.

Froedtert & The Medical College of Wisconsin has opened its fourth urgent care center, located in the western suburbs of Milwaukee, according to a release from Froedtert & The Medical College of Wisconsin.