Idaho specialty hospital acquired for $67.5M

Investment management firm Hammes Partners has acquired Post Falls, Idaho-based Northwest Specialty Hospital for $67.5 million in a deal that includes expansion of the property, the healthcare finance division of First Citizens Bank said Aug. 17. 

Advertisement

“Northwest Specialty Hospital and its medical office building are top-notch properties that support quality medical care in a fast-growing region where demand is strong,” Todd Kibler, managing principal of Hammes Partners, said in an Aug. 17 news release. 

The hospital has 32 beds, eight operating rooms, two procedure rooms, two anesthesia recovery rooms, an endoscopy center, a 36,000-square-foot medical office building and is part of the Greater Spokane market. 

CIT, a division of Citizens Bank, led financing of the deal.

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Capital

Advertisement

Comments are closed.