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
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.
