Brentwood, Tenn.-based Community Health Systems has dropped out of the bidding process to lease Memorial Health System, based in Colorado Springs, Colo., according to a Colorado Springs Gazette report.
HCA-HealthOne is now the only for-profit company bidding for Memorial. The other four systems interesting in leasing Memorial are: Englewood, Colo.-based Centura Health, Denver-based Sisters of Charity of Leavenworth Health System, University of Colorado Hospital in Aurora and an internal bid from Memorial.
CHS was the second bidder to drop out of the running. Banner Health withdrew just before proposals were due Nov. 14, according to the report.
Related Articles on Memorial Health System:
Suitor Questions Openness of Bidding for Colorado’s Memorial Health
Colorado’s Centura Healthcare is Memorial Health System’s Latest Suitor
Colorado’s Memorial Health Seeks Partner to Lease Hospital
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.
