Under the proposed transaction, 66-bed Hutchinson Health will retain its name and continue to be locally governed.
The organizations expect to finalize the transaction in 2018.
“We are excited by the opportunity to sustain and strengthen Hutchinson Health’s rich history as an outstanding community partner. We are committed to increasing access to top specialists, technology and services in Hutchinson and central Minnesota,” said Andrea Walsh, president and CEO of HealthPartners.
More articles on transactions and valuations:
Ardent Health, U of Texas joint venture to acquire proposed 10-hospital system
RCCH HealthCare, U of Washington Medicine in talks to partner with Washington health system
New York hospital to merge with University of Vermont Health Network affiliate
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