The Montrose Memorial Hospital board is entering into a new contract with Plano, Texas-based Community Hospital Corp., effective Jan. 1. The board chose CHC after sending out a request for proposals and reviewing responses from six companies, according to the report.
Kjersten Davis, Montrose Memorial Hospital board president, acknowledged that switching contracts during a pandemic is not ideal. However, she said the board expects a smooth transition between the management companies, according to the report.
Read the full Montrose Daily Press article here.
More articles on healthcare industry transactions:
Court rejects FTC bid to block 17-hospital merger in Pennsylvania
UNC Health closes deal for 12th hospital
Steward acquires 3 hospitals in Colombia
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.