Essent Healthcare to affiliate with Health Quest

LaGrangeville, N.Y.-based Health Quest has entered into a preliminary agreement with Nashville, Tenn.-based Essent Healthcare to affiliate with one of Essent’s Connecticut hospitals, according to the Poughkeepsie Journal.

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The 78-bed Sharon (Conn.) Hospital will join Health Quest’s other medical facilities, including Poughkeepsie, N.Y.-based Vassar Brothers Medical Center, Rhinebeck, N.Y.-based Northern Duchess Hospital and Carmel, N.Y.-based Putnam Hospital Center, according to the article.

Health Quest is currently in the process of submitting a certificate of need to the state of Connecticut to officially obtain ownership of SharonHospital. Officials said the facility is expected to officially join Health Quest by mid-2017, pending state regulatory approvals.

More articles on transactions and valuations:
Albany Med, Saratoga Hospital deal moves forward
Mountain States, Wellmont unveil new name for proposed merger
Brookhaven Memorial Hospital Medical Center to acquire local nursing home facility

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