Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

Memorial Hermann expands network with addition of 2 microhospitals

Houston-based Memorial Hermann has added two microhospitals to its network through a joint venture with The Woodlands, Texas-based Emerus.

The parties announced the agreement in May. With the transaction completed, Emerus' facilities in Tomball and Sugar Land, Texas, are now operating under the Memorial Hermann name. 

"By partnering with such a trusted health system, our patients know they will receive premier medical care from affiliated doctors and staff who are all held to Memorial Hermann's high standards," said Craig Goguen, CEO of Emerus.

Under the terms of the transaction, the joint venture may open additional healthcare facilities in the future.

More articles on healthcare industry transactions:

19 recent hospital transactions and partnerships
Envision buys 340-provider practice in Milwaukee
Prime Healthcare completes purchase of Texas hospital

 

 

 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>