The agreement between Emerus and Welsh Carson gives Emerus additional capital to expand its business operations and continue to partner with health systems across the nation. In addition, it provides for the development of an $11 million charity fund, which will benefit the communities throughout Emerus’ network of facilities.
The current Emerus management team will lead the new organization.
More articles on finance:
3 negative, 19 positive hospital rating actions in past month
Hospital closure sparks interest in Kansas Medicaid expansion
S&P revises Bayhealth Medical Center’s outlook to positive
