Texas Health and Adventist Health, the parent company of Huguley Memorial, signed a letter of intent earlier this month. Under the agreement, Huguley Memorial will remain a non-profit, faith-based organization, but the medical center is expected to adopt the Texas Health brand over time. The joint venture will be effective May 1.
More Articles on Hospital Transactions:
Moody’s: Rhode Island Bill on Hospital Acquisitions Could Help Community Hospitals
Alegent Health to Acquire Creighton University Hospital
Waterbury Hospital Approves Merger With St. Mary’s, LHP Hospital Group
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