Becker's Healthcare August 12, 2024
Charleston, S.C.-based Roper St. Francis Healthcare has shared plans to sell Charleston-based Roper Hospital to the Medical University Hospital Authority, a component of the Medical University of South Carolina, according to an Aug. 10 news release.
The sale transaction will not be complete until Roper St. Francis relocates the hospital’s operation to North Charleston-based Roper Hospital Medical Campus, which is expected to be in late 2029.
The purchase sale agreement, which was approved by MUSC’s board of trustees Aug. 10, will include the sale of the 900,000-square foot, 332-bed Roper Hospital, the area where the medical office buildings are located, which includes parking, and parking garages. The assets sit on 11.5 acres, the...