Christus Health buys out partner to fully own New Mexico hospital 

Christus Health has bought the 50% of Santa Fe, N.M.-based St. Vincent Regional Medical Center it didn’t already own.

Advertisement

Previously, Irving, Texas-based Christus owned the hospital system in a joint venture with nonprofit Anchorum St. Vincent. The move is in return for investments in the hospital system to tackle health disparities.

St. Vincent is anchored by its hospital and also operates 28 outpatient clinics in the area. 

The move, effective Sept. 1, follows Christus Health’s acquisition of Alamogordo, N.M.-based Gerald Champion Regional Medical Center on July 1.

More details on the St. Vincent buyout can be found here.

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.