As part of the agreement, UHS will acquire the 226-bed hospital, Knapp Surgery Center as well as the Mid Valley Physician Association and Knapp Medical Group.
The deal is expected to close in early 2012.
Related Articles on Universal Health Services:
Universal Health Services 3Q Profit Soars 53% From 2010
Name Change for N.C. Hospital on Hold Due to Trademark Conflict
Universal Health Services Acute-Care Revenues Up Due to Improved Payor Mix, Higher Acuity Cases
Register to Attend Webinar
Presenters:
Christopher Kerns, Union Healthcare Insight|Eric Fontana, Union Healthcare Insight|Ben Gerber, WVU Medicine
Next Up in Transactions & Valuation Issues
-
Minnesota has emerged as a health system M&A battleground, with major deals reshaping the state’s market in less than six…
-
Rochester (N.Y.) Regional Health is responding to scrutiny from the U.S. Department of Labor’s inspector general over its hiring of…
-
Bloomington, Minn.-based HealthPartners and Duluth, Minn.-based Essentia Health announced Sept. 29 that their boards approved an agreement to combine, forming…
Join the 500,000+ healthcare executives who start their day with Becker's
Becker's Hospital Review Newsletter is sent Monday–Sunday.