Allina Health to Take Full Ownership of Regina Medical Center

Staff -

Allina Health, based in Minneapolis, will fully acquire Regina Medical Center in Hastings, Minn., according to a Star Tribune report.

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

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.