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Universal Health Services to Acquire Texas' Knapp Medical Center

King of Prussia, Pa.-based Universal Health Services has announced it has entered into a definitive agreement to acquire Knapp Medical Center in Weslaco, Texas, according to a UHS news release.

As part of the agreement, UHS will acquire the 226-bed hospital, Knapp Surgery Center as well as the Mid Valley Physician Association and Knapp Medical Group.

The deal is expected to close in early 2012.

Related Articles on Universal Health Services:

Universal Health Services 3Q Profit Soars 53% From 2010
Name Change for N.C. Hospital on Hold Due to Trademark Conflict
Universal Health Services Acute-Care Revenues Up Due to Improved Payor Mix, Higher Acuity Cases

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