The boards of Adena and Fayette County Memorial Hospital voted to move forward with an agreement.
Under the agreement, the hospital in Washington Court House, Ohio, would become the fourth hospital in the Adena Health network.
Adena would assume management of the hospital’s operations on Feb. 15 and officially acquire the hospital on April 1. The hospital now is owned by Fayette county.
When the transaction is complete, the hospital would be renamed Adena Fayette Medical Center.
“Having FCMH formally become part of the Adena network is the welcome next phase in making sure people across our region have continued access to quality healthcare, right in their own backyard,” said Jeff Graham, Adena president and CEO.
More articles on healthcare industry transactions:
Novant buys North Carolina health system
476-bed Ohio hospital joins Cleveland Clinic, gets new name
Geisinger, Children’s Hospital of Philadelphia enter affiliation
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit