MUSC to buy 3 South Carolina hospitals

The Medical University of South Carolina plans to buy three hospitals, a freestanding emergency room and affiliated physician practices owned by Brentwood, Tenn.-based LifePoint Health.

Advertisement

MUSC is looking to buy KershawHealth, a single-hospital system in Camden, S.C., and Providence Health, a two-hospital system based in Columbia, S.C., from LifePoint. 

MUSC’s board voted June 25 on an agreement to purchase the hospitals and other facilities. The deal still needs approval from the State Fiscal Accountability Authority.

Earlier this year, a different deal to sell the three hospitals fell through. LifePoint inked a deal to sell the hospitals and ER to Greenville, S.C.-based Prisma Health. The parties canceled the deal April 9. The health systems said significant delays and challenges with the Federal Trade Commission “made it prohibitive to move forward.”

Editor’s Note: This article was updated at 2:45 p.m. June 25 after the board voted to purchase the hospitals. 

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.

Register to Attend Webinar

From fragmentation to operational flow: Solving the healthcare workforce puzzle

Tuesday, August 11
1:00 PM - 2:00 PM CDT

Presenters: Dr. Pat Hunt, QGendaAndrea Daugherty, MHA, CISSP, CHCIO, CDH-E, Arrowhead Regional Medical CenterElizabeth Lindsay-Wood, MBA, CHCIO, CDH-E, Moffitt Cancer CenterDeb Muro, El Camino HealthJohn Tejeda, D.H.A., MLS, MPAS, DFAAPA, LSSBB, FACHE, Vascular and Neuroscience Institute

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.