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Wellmont acquires Takoma Regional Hospital

Kingsport, Tenn.-based Wellmont Health System has acquired Takoma Regional Hospital, a 100-bed hospital in Greeneville, Tenn.

Wellmont acquired Takoma Regional and its associated medical group from Altamonte Springs, Fla.-based Adventist Health System.

"We're excited to add Takoma Regional and Takoma Medical Associates to our family and are ready to work collaboratively with their staff members and physicians to enhance care delivery in our region," said Bart Hove, Wellmont's president and CEO. "The hospital and this medical group have produced outstanding results for patients, and the synergy that will result by bringing them into our organization will benefit those we are privileged to serve."

With the addition of Takoma Regional, Wellmont Health System includes seven hospitals.

More articles on healthcare industry transactions:

Envision Healthcare acquires Sunshine Radiology
Global Medical REIT to acquire Kansas hospital for $24.5M
Partners HealthCare expands footprint into New Hampshire


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