Under the agreement, Kootenai Health will acquire Clearwater Valley Hospital and Clinics in Orofino, Idaho, and St. Mary’s Hospital and Clinics in Cottonwood, Idaho.
Over the next several months, the organizations will finalize the terms of the agreement, develop a transition plan and seek board approval.
The organizations expect the transaction to close in early 2020.
More articles on healthcare industry transactions:
Shuttered Tennessee hospital sells for $200K
Kentucky health system acquires 13th hospital
Banner Health to acquire Colorado hospital
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.