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Hannibal Regional Healthcare System to acquire Complete Family Medicine

Hannibal (Mo.) Regional Healthcare System declared plans to acquire Kirksville, Mo.-based Complete Family Medicine, according to the Herald-Whig.

Officials said the approximately 100-employee organization will be the health system's fifth acquisition since its creation, according to the report.

Officials said discussions about a potential partnership began last summer.

The transaction is expected to close this summer.

"The landscape of healthcare has changed dramatically over the past eight years and with those changes have come many obstacles. As we looked at organizations, we knew we wanted to find one that would allow us to better serve our patients, enhance our resources, allow freedom to think outside of the box and bring Complete Family Medicine value and longevity. It's great to meet our new extended family," said Justin Puckett, DO, founder and medical director of Complete Family Medicine.

Editor's Note: This article was updated on May 1.

More articles on transactions and valuations:
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10 recent hospital transactions and partnerships
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