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Transactions & Valuation Issues

Physician-owned hospitals across Indiana have joined together to form the Indiana Physician Hospital Association to improve access to healthcare and advocate for physician-owned hospitals in the state, according to an IN PHA news release.

Ottumwa (Iowa) Regional Health Center will be purchased by Nashville, Tenn.-based RegionalCare Hospital Partners, making it the largest Iowa hospital to be run by a for-profit entity, according to a report in the Des Moines Register.

Providence, R.I.-based health systems Care New England and Lifespan Corp. have been given a three month extension to submit their merger application after it was determined that the organizations' initial application contained missing information, according to a report by The…

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Evergreen Healthcare, which runs 227-bed Evergreen Hospital Medical Center in Kirkland, Wash., is planning a new 32,000-square-foot outpatient facility in downtown Redmond, according to a report by the Puget Sound Business Journal.

Fergus Falls, Minn.-based Lake Region Healthcare and Fergus Falls Medical Group have announced a merger, effective May 1, 2010, according to a report by the Fergus Falls Daily Journal.

Lenox Hill Hospital in New York is expected to announce this week which institution it has selected as a partner for a merger or affiliation, according to a report by Crain's New York Business.

Gallipolis, Ohio-based Holzer Health Systems and Holzer Clinic will merge, according to a report by the Gallipolis Daily Tribune.

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