The hospital board of commissioners met Feb. 1 and selected Huebner Advisory and Sarah Cave Consulting to help facilitate the process.
Snoqualmie Valley Hospital CEO Tom Parker said the hospital is looking at a possible merger or affiliation to secure financial stability and improve the facility’s services, according to the article.
The hospital previously attempted to merge with Bellevue, Wash.-based Overlake Medical Center in 2014, but the deal was never finalized. This is the hospital’s second attempt at a potential merger or acquisition.
More articles on transactions and valuations:
Mission Health, UNC Asheville expand partnership
University of Miami Health, VitalMD partner for women’s care
Physician practice fully integrated into Berkshire Health System, rebrands
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