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
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