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
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.
