According to the agreement, Health Management will own an 80-percent controlling interest in the five hospitals and manage day-to-day operations.
The five Integris Health Oklahoma hospitals include Integris Blackwell Hospital in Blackwell; Integris Clinton Regional Hospital in Clinton; Integris Marshall County Medical Center in Madill; Integris Mayes County Medical Center in Pryor; Marshall and Integris Seminole Medical Center in Seminole.
The five hospitals will add 226 patient-beds and approximately $95 million in net revenue to Health Management Associates.
More Articles on Hospital Joint Ventures:
Health Management Associates, Integris Health Executes Joint Venture for 5 Oklahoma Hospitals
Rice Memorial Considers Joint Venture for Anesthesia, Sleep Lab Services
Cadence Health in Illinois Affiliates With Cleveland Clinic for Cancer Care
