Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

UHS to acquire behavioral health hospital, 2 clinics in Mississippi

King of Prussia, Pa.-based Universal Health Services has entered an agreement to purchase a 109-bed behavioral health hospital and two outpatient clinics in Gulfport, Miss., from Memorial Hospital at Gulfport.

Memorial Hospital at Gulfport President and CEO Gary Marchand expressed excitement about the sale of the hospital and clinics to UHS, which is the largest facility-based behavioral health provider in the U.S. "We welcome UHS's expansion to the coastal counties of Mississippi as a trusted provider of behavioral health services in our community," he said in a statement.

The parties expect to complete the transaction in the second quarter of 2018.

More articles on healthcare industry transactions:

Tenet, Baylor Scott & White to sell 218-bed Texas hospital
2 shuttered Virginia hospitals secure buyers
Proposed hospital mega-deals put pressure on CHS, Tenet and HCA



© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Top 40 Articles from the Past 6 Months