The three organizations will now enter a period of due diligence. It is anticipated the transaction will be completed by July 1.
Gary B. Weinstein, president and CEO of WHS, said, “Southwest Regional Medical Center and Washington Health System have historically been the leading providers of health services to Greene County residents. The proposed transaction will enable the physicians and other health professionals at both organizations to coordinate care for these residents more effectively and efficiently.”
More articles on healthcare industry transactions:
26 hospital transactions and partnerships in April
For-profit vs. nonprofit: A breakdown of hospital deals over the past 5 years
3 reasons hospitals are avoiding mergers and choosing to affiliate instead
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
