The two organizations signed a letter of intent, entering a period of exclusive negotiations to finalize the sale of the 100-year-old St. Mary’s Hospital.
SSM said it is working to get a final deal in place for the St. Mary’s by the end of the year. The hospital is in Audrain County.
Noble board chairman Don Peterson said his company is “looking forward to setting out on our mission of being champions of hometown healthcare here in Audrain County,” according to the report.
More articles on healthcare industry transactions:
Atrium Health, United Arab Emirates develop surgery fellowship
Former board member takes controlling stake of Rennova Health
Novant Health wins bid for New Hanover Regional 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.
