Texas-based hospital company Legacy Hospital Partners will pay $200 million for control of Portneuf Medical Center in Pocatello, Idaho, according to the Fort Mill Times.
Legacy will buy 77 percent of the hospital, with non-profit Portneuf Health Care Foundation will control the remaining 23 percent.
The $200 million will go to expansion and to pay down debt, according to the Fort Mill Times.
Learn more about the Portneuf Medical Center joint venture.
Presenters: Kyle Snider, MemorialCareMichael Hopkins, Northwestern Memorial HospitalDameka Miller, Trinity HealthGinger Sharp, Legacy HealthKellan Tittle, MBA, People Incorporated Mental Health Services
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