Huntsville (Ala.) Hospital Health System plans to acquire DeKalb Regional Medical Center, a 134-bed hospital in Fort Payne, al.com reported Jan. 2.
The 11-hospital system said that it is committed to employee retention and indicated that employment will continue "for substantially all employees in good standing at the time of transition."
"HH Health System is an organization of like-minded hospitals that believe patients are best served close to home," CEO Jeff Samz said in a news release. "Our mission includes helping rural communities maintain local access to quality care. Together, we are stronger in today's challenging environment."
Pending regulatory approvals, the transaction is expected to close March 31.
Financial terms of the deal were not disclosed.