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
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.
