Becker's Healthcare November 8, 2024
Franklin, Tenn.-based Community Health Systems continues to make progress on its $1 billion divestiture plan and aims to sell Merit Health Biloxi (Miss.), a 153-bed acute care hospital, to Gulfport, Miss.-based Memorial Health System.
The deal is expected to close in the first quarter of 2025. Financial terms have not been disclosed.
Memorial Health currently operates two hospitals and has collaborated with Merit Health Biloxi in various service areas in the region including oncology, neurology, neuro-interventional radiology, radiology, infectious disease and cardiology.
“Our collaboration came at a pivotal time when both organizations needed to work together to ensure that healthcare services remained uninterrupted during an incredibly challenging period created by the global pandemic,” Memorial Health President and...