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Sentara Healthcare, Halifax Regional Complete $155M Merger

Halifax Regional Health System in South Boston, Va., has officially merged with Sentara Healthcare, based in Norfolk, Va.

The transaction is valued at more than $155 million, according to Juniper Advisory, the Chicago-based firm that managed the merger process. Sentara set aside most of that money as a cash infusion for Halifax.

Halifax chose Sentara after an 18-month review process. The two organizations signed a definitive agreement in May.

Sentara now has 11 acute-care hospitals within its system. Halifax is a 192-bed regional referral center with more than 100 physicians.

More Articles on Hospital Transactions:
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Pennsylvania Attorney General to Watch UPMC-Altoona Merger Closely
Cooley Dickinson Now Part of Partners HealthCare

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