St. Luke’s, Elmore Medical Center in Idaho Set to Merge

Effective April 1, Elmore Medical Center in Mountain Home, Idaho, will officially integrate with St. Luke’s Health System, based in Boise, Idaho.

Advertisement

Early in 2012, EMC and St. Luke’s signed a letter of intent to merge, and in May 2012, the public voted to approve the merger. This past January, both organizations approved a definitive agreement. EMC, a 25-bed critical access hospital that had previously been managed by St. Luke’s, will now be St. Luke’s Elmore.

EMC will still be part of a hospital district, which collects taxes to cover charity and uncompensated care. St. Luke’s will also invest an unspecified amount of money for construction and general capital improvements.

More Articles on Hospital Transactions:

Wise Regional Health Finalizes Takeover of North Texas Community Hospital
High Point Regional Merges With UNC Health Care
Sanford Health, Fairview Health Services Explore Possible Merger

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.