IASIS will acquire Wadley Regional Medical Center in Texarkana, Texas, and Pikes Peak Regional Hospital in Woodland Park, Colo., from Brim. The combined revenue of the two facilities is approximately $120 million, according to the release.
Brim’s health technology solutions and hospital management businesses will remain with current majority owner, Altaris Capital Partners, based in New York City.
Read the IASIS news release on the IASIS, Brim acquisition.
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.
