Blount Memorial Hospital Acquires East Tennessee Medical Group for $24M

Blount Memorial Hospital in Maryville, Tenn., has announced plans to acquire East Tennessee Medical Group for $24 million, according to a Knoxville News Sentinel report.

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The Alcoa-based practice includes more than 40 physicians and includes primary care and 10 specialty services. It will maintain its current office after the deal is finalized with the 304-bed Blount Memorial, which is expected in October.

More Articles on Hospitals Acquiring Physician Practices:

Wheeling Hospital in West Virginia to Buy Physician Practice
Douglas County Hospital in Minnesota to Buy Alexandria Clinic
Jones Memorial Hospital in NY to Acquire Internist Practice

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