The purchase transaction will officially close after the required 60-day review period by the Ohio Attorney General and after review by the bankruptcy court.
Quorum Health Resources will continue to operate the hospital until the transaction is complete.
Read the release on Twin City Hospital’s sale to Franciscan Services Corp.
Read more coverage on hospital transactions:
– Northstar Health System and Bellin Health Form Partnership
– Adventist Health Won’t Appeal Voiding of Merger With Florida’s Bert Fish Medical Center
– University of Kansas Cancer Center, Kansas City Cancer Center to Merge
Register to Attend Webinar
Presenters:
James Germano, MD, Joint Reconstruction Specialist|Tim Tzimas, Innovative Sterilization Technologies
Next Up in Transactions & Valuation Issues
-
The Wake County (N.C.) board of commissioners voted 5-2 on Sept. 21 to approve the proposed combination of Raleigh, N.C.-based…
-
Joplin, Mo.-based Freeman Health System and Fort Scott, Kan.-based Kansas Renewal Institute have signed a nonbinding letter of intent to…
-
Financial pressure is accelerating consolidation at a pace not seen in years. Staffing shortages, aging infrastructure, heavy Medicaid and Medicare…
Join the 500,000+ healthcare executives who start their day with Becker's
Becker's Hospital Review Newsletter is sent Monday–Sunday.
