Terms of the transaction were not disclosed. A key tenet of the deal is a new facility. Marilyn Custer-Mitchell, president and CEO of Wabash County Hospital, told The Journal Gazette the hospital needs to be rebuilt but could not afford it on its own.
Parkview, which includes eight hospitals, and Wabash County Hospital, a 25-bed critical access hospital, are expected to sign a letter of intent soon, followed by full negotiations and a definitive agreement.
Wabash County Hospital also held partnership talks with Indiana University Health in Indianapolis and Community Health Systems in Franklin, Tenn., before ultimately choosing Parkview, according to the report.
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