With the transaction completed, Tuomey becomes Palmetto Health Tuomey. Michelle Logan-Owen, who has been serving as president and CEO of Tuomey since June, will oversee the operations of Palmetto Health Tuomey as the system’s COO.
Charles D. Beaman Jr., CEO of Palmetto Health, showed excitement about the transaction. “Today we welcome our newest team members, physicians and volunteers to Palmetto Health as part of Palmetto Health Tuomey. Many of us from Palmetto Health and the former Tuomey Healthcare System have been working together for several months to bring our partnership together. Today we are one,” he said.
More articles on healthcare industry transactions:
18 hospital transactions and partnerships in December
CHS to acquire majority ownership of 2 IU Health hospitals
Private equity firms make a splash in healthcare M&A
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.