The organizations did not release any details on the terms of the proposed agreement.
However, Marshfield Clinic Health System CEO Susan Turney, MD, said in the June 12 statement the agreement represents “an opportunity for two well-respected organizations to come together and create a regional destination for high-quality healthcare services in Dodge County.”
“Marshfield Clinic Health System has a long history of providing world-class, local care to rural communities, and we are excited to build on that legacy in Beaver Dam,” she added.
Marshfield Clinic Health System comprises four hospitals and employs 700-plus physicians and more than 6,000 additional support personnel. Beaver Dam Community Hospitals is composed of its 60-bed acute care hospital and an assortment of family practice clinics and was founded in 1972. In 2017, the hospital experienced more than 15,700 outpatient visits.
More articles on transactions and valuations:
How will the AT&T-Time Warner deal affect M&A? 6 experts weigh in
Atrium Health pushes to move outside of county lines
Vanderbilt children’s hospital to manage NICU at 2 Erlanger hospitals