Pipeline Health will jointly own the freestanding ERs, which are in the Dallas-Forth Worth area, with Lewisville, Texas-based Adeptus Health. Adeptus was acquired by a hedge fund in 2017 after filing for Chapter 11 bankruptcy.
The group of freestanding ERs will be renamed City Hospital Emergency Care, and they will become outpatient ERs of City Hospital at White Rock in Dallas, which Pipeline owns.
More articles on healthcare industry transactions:
Tenet sells 3 hospitals, exits Chicago market
HCA to expand footprint in New Hampshire
OhioHealth to add 12th hospital
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