HMA will acquire or lease Mercy Health Partners’ seven hospitals, which include 1,323 licensed beds. HMA will also acquire substantially all of Mercy Health Partners’ ancillary healthcare operations, which include 197 beds, and the former Riverside hospital campus, which is licensed to operate 293 beds.
The acquisition is expected to cost approximately $525 million in addition to certain adjustments for working capital and the assumption of certain long-term lease liabilities. The transaction is expected to be completed by Oct. 1.
Read the HMA release on Mercy Health Partners.
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