Transactions & Valuation Issues

Salem (Ore.) Health has acquired Hope Orthopedics, a Salem-based group, effective Sept 29, and hired most of its physicians and employees, according to the Salem Reporter. 

Two faith-based health systems, Memphis, Tenn.-based Baptist Memorial Health Care and Meridian, Miss.-based Anderson Regional Health System, plan to merge into a 24-hospital system in January.

Henry Ford Health and Ascension Michigan are entering a joint venture, in which Henry Ford would essentially fold Ascension's sites of care in the southeastern region of the state under its brand.

Talks between state officials and Yale New Haven (Conn.) Health over its proposed purchase of three Connecticut hospitals have broken down as the sides failed to agree on whether to keep such discussions confidential, according to an Oct. 17 CT…

Three for-profit health systems entered into several transactions this year as part of strategic plans to strengthen their hospital portfolios, offload certain facilities or explore ways to expand their reach.

Yale New Haven (Conn.) Health is seeking $80 million from the state to help with its plan to buy three Connecticut hospitals, according to an Oct. 17 Hartford Courant report.

The University of Iowa Health system made a final bid of $28 million in its ultimately unsuccessful attempt at buying bankrupt Mercy Iowa City hospital, according to an Oct. 16 report in The Gazette.

Pueblo, Colo.-based Parkview Health System has until Jan. 24 to come to a merger agreement with Aurora, Colo.-based UCHealth before any such deal could fall apart, according to an Oct. 16 filing.

Duluth, Minn.-based St. Luke's and Wausau, Wis.-based Aspirus Health have signed a definitive agreement to form a 19-hospital system with more than 130 outpatient locations and 14,000 employees.

Christus Health has bought the 50% of Santa Fe, N.M.-based St. Vincent Regional Medical Center it didn't already own.