Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

Highline Medical Center in Washington State Sells Specialty Campus, Seeks Partner

Highline Medical Center in Burien, Wash., is selling its Tukwila (Wash.) Specialty Campus and negotiating a partnership with another hospital organization, according to a Puget Sound Business Journal report.

According to the report, Highline Medical is selling the Tukwila campus to Franklin, Tenn.-based Acadia Healthcare, a national provider of psychiatric and chemical dependency services.

In addition, Highline Medical is talking with other hospital groups about a partnership. According to the report, the hospital has been struggling financially, having lost $18 million in 2011. The names of the potential hospital group partners were not disclosed.

More Articles on Hospital Transactions:

Capella Healthcare, Saint Thomas Health Restructure Management for New Partnership
4 Important Areas of Board Education Before a Hospital Transaction
Sanford Health, Medcenter One Merger Passes Antitrust Review

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>