Under the agreement, St. Anthony’s will become Mercy Hospital’s fifth acute care facility in the St. Louis area.
Mercy officials will hold a series of community roundtable listening tours to better understand the needs of the area.
As part of the agreement, Mike McCurry, executive vice president and COO of Mercy St. Louis, will become president of St. Anthony’s.
The financial details of the transaction were not disclosed.
The organizations began discussing a possible affiliation in February, which was met with concern and unease from local physicians.
More articles on transactions and valuations:
CHS to divest 5 hospitals to Reading Health System
13 recent hospital transactions and partnerships
CoxHealth, Citizens Memorial Hospital call off affiliation plans
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