The acquisition includes the 100-bed Memorial Hospital, the Surgical Center of York and other outpatient and ancillary services. Details of the agreement include a CHS commitment to construct a replacement hospital within five years of the closing date. Memorial Hospital will become the seventeenth CHS-affiliated hospital in Pennsylvania.
Related Articles on Hospital Mergers & Acquisitions:
City Approves $1.79B Bid From Poudre Valley Health, U. of Colorado to Lease Memorial
Private Equity Firm Expects $17M Profit From Sale of Illinois’ MetroSouth Medical Center
CHS Terminates Acquisition of New Mexico Hospital Due to Lengthy FTC Review
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
