Becker's Healthcare September 3, 2024
Christus Health Ark-La-Tex, part of Irving, Texas-based Christus Health, has entered into a binding asset purchase agreement for Dallas-based Steward Health Care’s -Wadley Regional Medical Center in Texarkana, Texas.
The purchase price for the hospital is $4.5 million, according to Sept. 3 court documents obtained by Becker’s.
“Christus Health Ark-La-Tex’s qualified bid has been designated as the proposed stalking horse and, subject to the terms of the agreement, will be subject to higher or better-qualified bids due to be received by Sept. 9, 2024,” a Sept. 3 news release shared with Becker’s said. “Thereafter, an auction may occur in accordance with bankruptcy court-approved procedures.”
The transaction, which...
Today's Sponsors
Today's Sponsor