Los Robles Hospital and TOSH began sharing information in a due diligence process in July after physicians of TOSH, who own nearly half of the hospital, voted in favor of an agreement.
According to the release, the sale of TOSH by investor-physicians and Trophy Club, Texas-based Cirrus Health allows for a natural progression toward expanded healthcare services needed for the current healthcare environment.
More Articles on Hospital Sales:
Chilton Medical Center in Alabama Loses License, Seeks New Owner
City Officials Approve Pauls Valley General Hospital Sale
Carter Validus REIT Buys Vibra New Bedford Hospital
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
