After more than a year’s worth of talks, the board of McDuffie Regional Medical Center in Thomson, Ga., has voted to sell to University Health Care System in Augusta, Ga., according to an Augusta Chronicle report.
The 25-bed hospital’s board has drafted a motion that agrees to a memorandum of understanding to complete the sale of all assets except cash. It also requires University to build a replacement hospital in McDuffie County, since the current facility is only useful for about five more years.
Other financial details of the deal were not disclosed.
Related Articles on Hospital Sales:
N.C.’s Person Memorial Hospital Officially Part of Duke LifePoint Healthcare
University Health Systems of Eastern Carolina Acquires Pungo District Hospital
HMA Closes Purchase of Tennessee’s Mercy Health Partners
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.
