According to the release, an acquisition by Prime Healthcare would ensure future operations at Saint Michael’s.
The proposed transaction will be subject to completion of due diligence, governance and regulatory approvals.
More Articles on Hospital Acquisitions:
University General Health System to Purchase South Hampton Community Hospital in Dallas
HCA Completes Purchase of Thousand Oaks Surgical Hospital
University of Maryland Medical System Completes Agreement With CHI to Purchase Assets of St. Joseph Medical 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.
