Allina had a minority ownership stake in Regina for the past five years, according to the report. Regina’s physicians joined Allina in 2011 and are currently synced through their electronic health record system.
The deal, expected to close Aug. 1, will give Allina full ownership of the 57-bed hospital, according to the report. Financial details were not disclosed.
More Articles on Hospital Transactions:
Carolinas HealthCare Buys Stanly Health Services for $70M
Banner Health to Acquire Union Hills Surgery Center, Convert to HOPD
Report: CHS, HCA, LifePoint Interested in Buying HMA
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