HCMC would transfer its operations, a capital lease and commitment to provide Henry County (Tenn.) with specific healthcare services under the approved model. The health system will operate as West Tennessee Healthcare Henry County once the transaction is complete, the release said.
The model will also offer HCMC employees and employed providers positions at WTHHC, which will also take on certain liabilities and assets.
The transaction is expected to close on Oct. 1 but is subject to state regulatory approvals.
WTH is a non-profit health system with locations spanning 19 counties across both Tennessee and Missouri.