CommonSpirit Health officially sealed the deal on picking up five hospitals and 35 medical group clinics from Steward Health Care, the health systems said Monday. The deal, announced in February, also includes imaging and urgent care centers, other outpatient ventures and a clinically integrated network of providers. Terms of the acquisition were not disclosed in the announcement. However, earnings released by CommonSpirit back in February listed a gross purchase price of $685 million “plus certain working capital adjustments,” staff writer Dave Muoio reported. The acquisition includes Davis Hospital and Medical Center, Salt Lake Regional Medical Center, Jordan Valley Medical Center, Jordan Valley Medical Center-West Valley Campus, and Mountain Point Medical Center and associated clinics and outpatient centers.
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Source: https://www.fiercehealthcare.com/providers/commonspirit-health-finalizes-acquisition-5-utah-hospitals-35-medical-clinics