UnityPoint Health – Finley Hospital in Dubuque, Iowa, and Guttenberg (Iowa) Municipal Hospital have signed an agreement that would make GMH a UnityPoint affiliate, according to a joint news release.
GMH, a 25-bed, public-owned critical access hospital, has had a management agreement with UnityPoint Health – Finley Hospital for the past 15 years. The new agreement, which would make GMH part of UnityPoint, will align the two hospitals closer with an emphasis on population health management and cost efficiencies.
Both parties will now undergo due diligence before reaching a definitive agreement. Because GMH is a municipal hospital, officials said they expect the process will take "several months" to receive all applicable governmental approval.
More Articles on Hospital Transactions:
Cannon Memorial Hospital in South Carolina to Join AnMed Health
Aspirus, Northstar Health System to Affiliate
Nash Health Care Systems, UNC Health Care to Affiliate