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Eastern Maine Healthcare Systems adds 9th hospital to its network

An affiliation between Brewer-based Eastern Maine Healthcare Systems and 64-bed Maine Coast Memorial Hospital in Ellsworth has received all necessary regulatory approvals.

The deal has been in the works since August 2014, when the two organizations signed a letter of intent to begin discussions about forming a closer relationship. In February, Maine Coast and EMHS signed a definitive agreement.

"Nearly 60 years after the hospital was founded, becoming part of EMHS will help to secure local access to high-quality healthcare in Ellsworth and surrounding communities for another six decades," said Adin Tooker, chair of the Maine Coast board of trustees.

EMHS President and CEO Michelle Hood also expressed excitement about the deal. "We are proud to welcome Maine Coast as the ninth hospital member organization of EMHS. And we're eager to begin to work more closely together to serve Ellsworth and surrounding communities."

More articles on healthcare industry transactions:

26 hospital transactions and partnerships in September
Small hospitals take center stage in 2015 deals
10 hospital deals that fell through this year

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