Here are three things to know:
1. Under the letter of intent, Adventist Health will operate the Ottawa, Kan.-based hospital and its outpatient facilities.
2. Officials expect to continue due diligence for the next four months, and expect to complete the deal by the first quarter of 2019.
3. The deal is subject to customary regulatory approvals.
More articles on transactions and valuations:
Sanford CEO aims to announce merger plans with $1B Chicago system by year’s end
250-bed Louisiana hospital ‘can’t continue’ as standalone facility, expert says
Hartford HealthCare considers closing hospital campus
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