ThedaCare drops plan to consolidate 2 Wisconsin hospitals

ThedaCare, a seven-hospital system in Appleton, Wis., will not pursue plans to consolidate two of its hospitals in Appleton and Neenah, Wis., according to the Post-Crescent.

Advertisement

The health system’s board unanimously decided Tuesday not to consolidate the facilities following an examination of community demographics, patient population and the area’s economic viability, the report states.

ThedaCare conducted a survey earlier this year to gauge community interest in combining the two hospitals. Results from the study indicated mixed support for the merged entity. Neenah community officials also conducted a survey regarding the proposed consolidation. The results of that survey indicated strong opposition to the creation of a single facility, according to the report.

More articles on transactions and valuations:
Wake Forest Baptist to purchase High Point Regional
Johns Hopkins goes global, pursues 19 healthcare ventures across 5 continents
S&P wary of proposed Partners HealthCare, Care New England deal

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.