Merit Health to Leave Hospital Business

After 10 years of operation, Louisville, Ky.-based Merit Health is making its exit from the industry and selling its current hospital investments, according to a Business First report.

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Merit has completed the sale of its San Antonio-based Nix Health Care System to Prospect Medical Holdings. It is also completing the sale of its Mountainside Hospital in Montclair, N.J., to a joint venture between LHP Hospital Group and Hackensack (N.J.) University Medical Center.

“We are proud of what we’ve accomplished at Nix and Mountainside, and we are gratified to have found new stewards for each of these leading institutions who can carry forward our programs of investing in physicians, employees, facilities, equipment and their respective communities,” said Merit CEO Ty Wilburn in the report.

Related Articles on Merit Health:

Merit Health Systems Finalizes Sale of Nix Health
Montclair Health in NJ Files Certificate of Need to Operate Mountainside Hospital
Nix Health in Texas to be Sold to Prospect Medical Holdings

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