The $20 million sale closed less than two months after a bankruptcy judge authorized the transaction and less than a year after Astria Regional Medical Center closed.
The hospital and its parent organization, Astria Health, have been working their way through the bankruptcy process since filing for Chapter 11 protection in May 2019. The system is working to emerge from bankruptcy by the end of the year, according to the Yakima Herald.
More articles on healthcare industry transactions:
7 hospital mergers called off in past year
Tenet strikes $1.1B deal for 45 surgery centers
Colorado hospital breaks ties with Quorum
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