Becker's Healthcare October 23, 2024
While many hospitals and health systems have been forced to consolidate services and locations over the last few years, Morgantown, W.Va.-based WVU Medicine has been on a growth spree.
The academic health system, which is close to $7 billion in revenue currently, has acquired 12 hospitals over the last three to four years, and hopes to finalize its purchase of Weirton (W.Va.) Medical Center Jan. 1, bringing its portfolio to 25 hospitals.
“We’ve grown very dramatically,” Nick Barcellona, CFO of WVU Medicine, told Becker’s. “I think we’re now at a point where we have critical mass, so it’s shifting from integration to optimization.”
Once WVU Medicine acquires a hospital, it integrates Epic’s electronic health record system and Workday into...
Today's Sponsors
Today's Sponsor