Methodist buys hospital in high-growth area

San Antonio-based Methodist Healthcare inked an agreement to buy Hill Country Memorial in Fredericksburg, Texas, the San Antonio Business Journal reported April 3.

Advertisement

President and CEO Dan Miller said Methodist plans to spend more than $15 million in “capial improvements” for the hospital, the report said. Hill Country Memorial is located in a “high-growth” area and will be rebranded as Methodist Hospital | Hill Country. Terms of the deal weren’t disclosed.

The deal with Methodist includes a hospice and home care provider, eight clinics and a medical group. Clint Kotal will be the new CEO of Methodist Hospital | Hill County.

 

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.