Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

Colorado hospitals end merger talks

Community Hospital in Grand Junction, Colo., and Centura Health in Centennial, Colo., have discontinued merger discussions roughly four months after signing a letter of intent to combine their organizations, according to The Daily Sentinel.

"After thoughtful consideration and thorough due diligence, Centura Health and Community Hospital have agreed to discontinue merger discussions," a Community Hospital spokesperson said in a statement to The Daily Sentinel. "Although this was a difficult decision, and one the Community Hospital Board of Trustees did not take lightly, the board has made the decision to remain independent."

Although the organizations have ended formal merger discussions, they remain open to exploring ways to partner in the future, according to the report.

Access the full Daily Sentinel article here.

More articles on healthcare industry transactions:

Bankrupt California hospital chain closes $235M sale
Beth Israel Deaconess-Lahey Health merger is official

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars