Under the acquisition, Prime Healthcare will maintain Mission Regional’s inpatient and outpatient services, strengthen physician recruitment and contribute a multimillion dollar capital commitment during the next five years.
“As a member of the Prime Healthcare Foundation family of hospitals, we look forward to continuing our dedicated service to our community with additional resources and support from an award winning health system,” said Kane Dawson, CEO of Mission Regional. “We are confident we found the best partner to help us enhance the quality of life in the Rio Grande Valley.”
More articles on transactions and valuations:
Tomball Regional integrates into HCA Healthcare
Mercy Health Network to receive affiliation proposal from Iowa hospital
Kern Medical Center, USC partner for epilepsy program, center
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.