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

Cottage Health System to Acquire Sansum Clinic, Medical Foundation

Santa Barbara, Calif.-based Cottage Health System announced it has signed a letter of intent to integrate outpatient surgery network Sansum Clinic, also based in Santa Barbara, into its organization.

 

The transaction would bring Sansum's 23 ambulatory facilities into Cottage's three-hospital umbrella and make Sansum the medical foundation to Cottage, according to a news release.

 

Due diligence is expected to be complete by Oct. 1. Financial details were not disclosed.

 

More Articles on Hospital, Physician Acquisitions:

Turnaround Firm Takes Over Chicago's Sacred Heart After CEO's Arrest

Dr. Atul Gawande Launches Healthcare Think Tank

Survey: Number of Hospital-Employed Physicians Up 6%

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

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars