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CHS to Acquire Memorial Health System

Community Health Systems, in Franklin, Tenn., and its subsidiaries signed a definitive agreement to acquire Memorial Health Systems, in York, Pa., and its assets, according to a CHS news release.

 

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

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