Queen’s Health Systems in Hawaii May Acquire Hawaii Medical Center-West

Queen’s Health Systems in Honolulu has signed a letter of intent and confidentiality agreement with St. Francis Healthcare System of Hawaii in Honolulu, enabling Queen’s Health to explore the feasibility of acquiring and reopening the former Hawaii Medical Center-West in Ewa Beach.

Advertisement

Hawaii Medical Center-West is in the process of being returned to St. Francis Healthcare following a lengthy bankruptcy process. St. Francis Healthcare had sold two hospital facilities to Hawaii Medical Center in January 2007. However, Hawaii Medical Center filed for Chapter 11 bankruptcy in June 2011. Both hospitals — the Hawaii Medical Center East and West campuses — closed at the end of 2011.

More Articles on Hawaii Hospital Transactions:

Hawaii’s Hilo Community Surgery Center Enters Into Joint Venture With Hospital
Prime Healthcare Pursues Ownership of Hawaii 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.

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.