A spokesperson for the city said the agreement will go into effect Sept. 3. Blackwell Regional will be owned and operated by the hospital authority, which will be financed by a new city sales tax, according to the report.
More articles on transactions and valuations:
Mount Sinai Health partners with Stony Brook Medicine
AltaPointe merges with Cheaha Regional Mental Health
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.