Wesley Medical Center, a Hospital Corporation of America facility in Wichita, Kan., has entered into an agreement to buy the physician-owned Galichia Heart Hospital, according to a Wichita Business Journal report.
The deal will occur within the next three months. Galichia, an 82-bed hospital in Wichita, is led by a 23-member physician group. The 862-bed Wesley is the second-largest acute-care hospital in the city.
While Galichia and Wesley executives say the deal has been in the works for weeks, others say the merger was spurred by the healthcare reform law, which restricts physician-owned hospitals from expansion, according to the report.
Read the Wichita Business Journal report on Wesley Medical Center’s acquisition of Galichia Heart Hospital.
Read about other recent hospital acquisitions:
– Avera Health to Purchase City-Owned Hospital in Nebraska
– Jewish Hospital in Kentucky Acquires Outpatient Imaging Center
– Vanguard to Acquire Chicago’s Holy Cross Hospital
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.
