A subsidiary of Community Health Systems has entered into a definitive agreement to acquire substantially all of the assets of Scranton, Pa.-based Mercy Health Partners from Cincinnati-based Catholic Health Partners, according to a CHS news release.
Mercy Health includes two acute-care hospitals, a long-term care hospital and additional outpatient and ancillary facilities.
Specific terms of the agreement were not disclosed. The deal now awaits federal and state regulatory approvals.
Read the CHS release on Mercy Health Partners.
Read more coverage on Community Health Systems:
- Wayne Smith Says CHS Will Succeed at Tenet Takeover
- CHS Plans to Nominate Full Slate of 10 Directors to Tenet Board
Mercy Health includes two acute-care hospitals, a long-term care hospital and additional outpatient and ancillary facilities.
Specific terms of the agreement were not disclosed. The deal now awaits federal and state regulatory approvals.
Read the CHS release on Mercy Health Partners.
Read more coverage on Community Health Systems:
- Wayne Smith Says CHS Will Succeed at Tenet Takeover
- CHS Plans to Nominate Full Slate of 10 Directors to Tenet Board