SSM Health, Quorum Health Sign Letter of Intent to Explore Sale of Jefferson City Hospital

Representatives of SSM Health and Quorum Health Corporation announced Tuesday their intent to explore a sale of SSM Health St. Mary’s Hospital – Jefferson City and associated community medical group practices by SSM to Quorum Health. By signing a Letter of Intent (LOI), the organizations have entered a period of exclusive negotiation regarding the hospital campus that was constructed in 2014. Both parties will begin a due diligence process aimed at ensuring the long-term sustainability of high-quality care in the region, with the goal of reaching a definitive agreement in the second quarter of 2021.

Read the full article: SSM Health, Quorum Health Sign Letter of Intent to Explore Sale of Jefferson City Hospital //

Source: https://quorumhealth.com/ssm-health-quorum-health-sign-letter-of-intent-to-explore-sale-of-jefferson-city-hospital

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