Transactions & Valuation Issues

Floyd Memorial Hospital and Health Services in New Albany, Ind., has acquired The Cancer Center of Indiana, also in New Albany, according to a report by the News and Tribune.

St. James Mercy Health System, based in Hornell, N.Y., is exploring an affiliation with Sayre, Pa.-based Guthrie Health, according to a report by the Evening Tribune.

The commissioners of Morgan County, W.Va., have agreed to sell 99-bed Morgan County War Memorial Hospital in Berkeley Springs, W. Va., to five-hospital Valley Health Systems in Winchester, Va., for $2.75 million, according to a report by WJZ News.

Had it not been for joining Clarian Health last year, Muncie, Ind.'s Ball Memorial Hospital would likely have had to shrink to a fraction of its size and transform from a regional healthcare provider to a community hospital, according to…

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…