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

West Virginia University Health System to add nonprofit Jackson General by year's end

Ripley, W. Va.-based Jackson General Hospital is set to be the fifth hospital to join the West Virginia University Health System in two years, according to WVMetroNews.com.

Jackson General signed a letter of intent to join Morgantown-based WVU Health System in January. The deal is scheduled to be completed this year.

WVU Health System President and CEO Albert Wright Jr., PharmD, told WVMetroNews.com that Jackson General is doing reasonably well financially, but is aiming to be proactive amid the ever-changing healthcare environment.

“Every scenario, any regulation, any proposed regulation is always going to pay us less than we get today,” he said. “So, if we prepare that way, I don’t really have to worry about any regulations or legislative changes that change healthcare, because we’ll be ready to adapt to it, and we’ll be the low-cost provider.”

The 55-year-old Jackson General is a 25-bed nonprofit critical access hospital with more than 300 employees.

 

More articles on healthcare industry transactions:

Atrium, Wake Forest to create academic health system: 5 things to know
Chicago hospital pitches $22.5M deal to expand footprint
U of Louisville prolongs search for Jewish Hospital partner

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

 

Featured Whitepapers

Featured Webinars