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UNC Health Care divests 351-bed hospital

Winston-Salem, N.C.-based Wake Forest Baptist Medical Center acquired High Point (N.C.) Regional Health, a 351-bed hospital, from Chapel Hill, N.C.-based UNC Health Care on Sept. 1.

UNC Health Care and Wake Forest Baptist signed a definitive agreement for the sale of High Point Regional in March. With the transaction complete, the hospital has been renamed Wake Forest Baptist Health-High Point Medical Center.

"There is such a strong commitment to supporting high-quality healthcare among the people of High Point, and Wake Forest Baptist is honored to share that same commitment to the patients and their loved ones who receive care here," Julie Ann Freischlag, MD, CEO of Wake Forest Baptist Medical Center and dean of Wake Forest School of Medicine, said in a press release.

More articles on healthcare industry transactions:

New $8B health system: Bon Secours, Mercy Health finalize merger
Northwestern, Centegra complete 10-hospital merger
Ascension sells Washington hospital to for-profit chain

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