Baptist Health has finalized purchase of the 300-bed Hardin Memorial Health and changed its name to Baptist Health Hardin, in keeping with its tradition of linking the hospital name with its geographic location. All told, the transaction includes $361.4 million in payments and future investments, according to a news release. The closing came about three years after the Hardin Memorial Hospital Board of Trustees signed a letter of intent to pursue the sale to long-time manager Baptist Health. Under the purchase agreement, Baptist Health acquires all assets of HMH and, in return, will commit $235 million over 10 years in operating and capital investments.
Read the full article: Baptist Health Finalizes Purchase of Hardin Memorial Health //
Source: https://www.wlky.com/article/baptist-health-finalizes-purchase-of-hardin-memorial-health-with-plans-to-build-new-facilities/33864433