Under the terms of the agreement, CMG will provide 24-hour hospitalist services at UMC.
The financial terms of the agreement were not disclosed.
“We want to ensure that everyone in our community gets exceptional patient care,” said UMC CEO Martha McCormick. “Concord Medical Group is committed to patient satisfaction. I am confident they will make an excellent partner for Unity Medical Center and deliver high-quality care to our citizens.”
“We’re extremely excited to work with Unity Medical Center,” said Kyle Sheets, MD, founder and CEO of CMG. “UMC’s dedication to and commitment to increase patient satisfaction aligns perfectly with Concord’s goal of providing the highest quality of care possible to the community in and around Manchester.”
More articles on transactions and valuations:
Stonewall Jackson CEO: Mon Health merger will be good for community
St. Luke’s Hospital transition to independent facility ‘hectic but fruitful’ after split with ProMedica
21 recent hospital transactions and partnerships
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
