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

LifePoint Eyes Purchase of Bell Hospital in Michigan

The board of directors for Bell Hospital, located in Ishpeming, Mich., announced they have signed a letter of intent to be acquired by Brentwood, Tenn.-based for-profit chain LifePoint Hospitals.



Bell leaders hired a consultant in October to aid in its hunt for a partner organization.

Once the acquisition is complete, expected within 60 to 90 days, Bell Hospital, a 25-bed critical access hospital, would operate as a for-profit entity and contribute to the local tax base, according to a news release. Michigan's office of the attorney general must also approve the transaction.

More Articles on Hospital Acquisitions:

St. Joseph Health System Buys Bellville General Hospital in Texas
SSM Health Care Acquires Audrain Medical Center in Missouri

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

 

Featured Whitepapers

Featured Webinars