Little Rock, Ark.-based Baptist Health acquired Magnolia (Ark.) Regional Medical Center on July 12.
With the close of the acquisition, the 25-bed facility has been rebranded as Baptist Health Medical Center-Magnolia.
Magnolia became Baptist Health’s 14th hospital and the second acquired in less than one month. On June 14, Baptist completed its acquisition of South Arkansas Regional Hospital, a 151-bed hospital based in El Dorado.
Baptist Health signed a definitive agreement to acquire the Magnolia hospital in April.
“While it is an extremely challenging time to operate community hospitals, we have a proven track record of operating rural hospitals successfully in Arkansas,” Baptist President and CEO Troy Wells said in an April 16 news release.
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