A Seton representative said the organization had decided that deterioration of the hospital’s assets made the acquisition financially untenable.
King’s Daughters has been put up for sale by Temple-based Scott & White Healthcare, which acquired the hospital under a merger but was prohibited by the Federal Trade Commission from keeping it due to antitrust concerns.
Read the Austin Business Journal’s report on King’s Daughters Hospital.
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.
