Once the deal is finalized, Weatherford Regional will become apart of Medical City Healthcare in the Dallas-Fort Worth metroplex.
The transaction is subject to regulatory approval. Officials expect to close the transaction by fall 2017.
Medical City Healthcare was previously branded as HCA North Texas, a 13-hospital system in Irving, Texas.
More articles on transactions and valuations:
UW Health, UnityPoint Health-Meriter finalize operating agreement
Penn State Health completes purchase of 120-member physician group
Partners, Massachusetts Eye and Ear merger faces state scrutiny
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.
