Financial terms of the deal were not disclosed. An Albuquerque Journal report indicated UNM and its Health Sciences Center, the largest academic medical center in New Mexico, would have a 20 percent ownership stake in RMCHCS. The private, for-profit LHP Hospital Group would own 80 percent.
All parties are going through due diligence and hope to sign a definitive agreement this year.
RMCHCS is a private integrated delivery system that includes a 69-bed acute-care hospital and several clinics throughout its county.
More Articles on Hospital Transactions:
13 Recent Hospital Transactions and Partnerships
Unicoi Hospital Accepts Mountain States Offer for Third Time
IASIS Healthcare Sells 3 Florida Hospitals to HCA
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
