Boone Health inks letter of intent for Missouri hospital

Columbia, Mo.-based Boone Health and local officials signed a letter of intent Oct. 14 to develop a Medicare-certified critical access hospital in Mexico, Mo.

Advertisement

Boone Health signed the letter with the Audrain County (Mo.) Commission, the city of Mexico and the Audrain County Health Department, according to an Oct. 14 news release shared with Becker’s.

The hospital would provide emergency and related services, with Boone Health managing or leasing the hospital facility once it is built.

The next step for all parties is to further discuss and evaluate regulatory, clinical and financial aspects of the hospital. The parties hope to finalize a management or lease agreement in the next few months “after completing additional due diligence,” the release said.

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.

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.