5 Recent Hospital Transactions and Partnerships

The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.

1. ValleyCare Health System Eyes Affiliation Plans
ValleyCare Health System, based in Livermore, Calif., started the process of finding a potential affiliation partner.

2. Mountain States Health Enters Rehabilitation, Skilled Nursing Partnerships
Mountain States Health Alliance, a 14-hospital health system based in Johnson City, Tenn., announced new partnerships with Birmingham, Ala.-based HealthSouth Corp. and Signature HealthCARE, based in Louisville, Ky.

3. FTC Blocks the ProMedica-St. Luke's Merger: 5 Things to Know
The U.S. Court of Appeals for the 6th Circuit issued a major decision within the hospital sector last week, as it backed the Federal Trade Commission and ordered Toledo, Ohio-based ProMedica to unwind its acquisition of St. Luke's Hospital in Maumee, Ohio.

4. HCA May Acquire Australian Hospital Operator
Nashville, Tenn.-based Hospital Corporation of America is one of three potential buyers of Healthscope, Australia's second-largest private hospital operator with 33 hospitals.

5. Sanford Health Agrees to Manage Liberty Medical Center
Sanford Health, based in Sioux Falls, S.D., and Liberty Medical Center in Chester, Mont., ratified a management agreement.

More Articles on Transactions and Valuations Issues:
Hospital M&A Deal Volume Declines in Q1
9 Things for Hospital Boards to Consider in Transactions
Immunize Your Hospital M&A Deal With a Thorough P&C Checkup