RegionalCare Hospital Partners in Tennessee Acquires Clinton Memorial Hospital
RegionalCare Hospital Partners has acquired 150-bed Clinton Memorial Hospital in Wilmington, Ohio, according to the Wilmington News Journal.
RegionalCare will pay $82 million for CMH, according to a Wilmington News Journal report. It was the highest of four bidders for the hospital.
Brentwood, Tenn.-based RegionalCare has also agreed to invest in CMH $60 million in capital expenditures and $15 million in physician recruitment, both over the next 10 years.
Read the Wilmington News Journal report on Clinton Memorial Hospital.
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