Chief Healthcare Executive September 5, 2024
CHRISTUS Health has made a bid to purchase Wadley Regional Medical Center from Steward Health Care, which is selling its hospitals.
As Steward Health Care continues to sell its hospitals, the for-profit health system has received an offer for one of its facilities in Texas.
CHRISTUS Health is looking to acquire Wadley Regional Medical Center in Texarkana, Texas. CHRISTUS Health’s subsidiary, CHRISTUS Health Ark-La-Tex, has entered into a binding agreement to purchase Wadley Regional from Steward.
Steward has declared bankruptcy and is working to sell its hospitals. The Dallas-based organization announced Friday that it has reached a deal that would keep most of its hospitals open.
CHRISTUS Health, a nonprofit Catholic system, said its offer has been designated as the...