Ascension sells Connecticut hospital

Hartford (Conn.) HealthCare has acquired St. Vincent’s Medical Center in Bridgeport, Conn., from Ascension, according to the Hartford Business Journal.

Advertisement

St. Louis-based Ascension and Hartford HealthCare signed a letter of intent for the acquisition in March 2018 and entered into a definitive agreement seven months later. The transaction closed Oct. 1.

Hartford HealthCare now includes seven acute care hospitals.

St. Vincent’s comprises a 473-bed community hospital, a 76-bed inpatient psychiatric facility, a multispecialty provider group and special needs services for adults and children.

More articles on healthcare industry transactions:

Ochsner takes over Louisiana hospital as LifePoint exits market
WVU Health System adds 11th hospital
Quorum Health divests California hospital

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

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.