Along with the name change, Timberlands Hospital also changed its logo and color scheme to match its parent company as part of the agreement.
Officials said the majority of the 49-bed hospital’s 250 employees and 17 providers will become employees of Timberlands Healthcare, according to the article.
More articles on transactions and valuations:
The CHS saga: A timeline of key events
A closer look at Chicagoland’s independent 610-physician powerhouse: DuPage Medical Group
UPMC acquires Susquehanna Health