Decatur (Ill.) Memorial Hospital has officially joined Memorial Health System, a Springfield, Ill.-based network that now includes five hospitals, according to TV station WAND.
The transaction closed roughly four months after Decatur Memorial Hospital entered into an agreement to become part of Memorial Health System. Under the agreement, Decatur Memorial Hospital will maintain a local board of directors.
"In my weeks in Decatur to help lead the transition, I have been heartened every day by the passion and commitment that Decatur Memorial Hospital colleagues demonstrate in caring for our patients and providing the best possible experience for them and their loved ones," Drew Early, the hospital's new president and CEO, told WAND. "Their dedication inspires my confidence for the future of the hospital as we serve the health needs of our communities."
More articles on healthcare industry transactions:
Ochsner takes over Louisiana hospital as LifePoint exits market
WVU Health System adds 11th hospital
Quorum Health divests California hospital