RegionalCare Hospital Partners in Tennessee Acquires Clinton Memorial Hospital

RegionalCare Hospital Partners has acquired 150-bed Clinton Memorial Hospital in Wilmington, Ohio, according to the Wilmington News Journal.

Advertisement

RegionalCare will pay $82 million for CMH, according to a Wilmington News Journal report. It was the highest of four bidders for the hospital.

Brentwood, Tenn.-based RegionalCare has also agreed to invest in CMH $60 million in capital expenditures and $15 million in physician recruitment, both over the next 10 years.

Read the Wilmington News Journal report on Clinton Memorial Hospital.

At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.

Advertisement

Next Up in Leadership & Management

Advertisement

Comments are closed.