Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

WellSpan completes 4th acquisition in 5 years

York, Pa.-based WellSpan Health completed its acquisition of Chambersburg, Pa.-based Summit Health Nov. 1.

Here are four things to know:

1. With Summit Health, WellSpan Health now comprises eight hospitals, more than 19,000 employees, 1,500 physicians and more than 170 patient care locations.

2. The acquisition follows approximately seven months of due diligence by both parties, as well as federal and state regulatory approval. The organizations previously maintained an informal relationship and sought to bring radiation, oncology, neurology and other services to Franklin County.

3. Patrick O'Donnell, president and CEO of Summit Health, will remain in his role and become a member of WellSpan's executive management team.

4. The acquisition marks WellSpan's fourth major addition in five years, according to Lancaster Online. The health system made several major acquisitions in 2013, 2015 and 2016.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>