Arkansas Methodist Medical Center in Paragould, Arkansas, and Baptist Memorial Health Care in Memphis have signed a non-binding letter of intent to complete a shared mission agreement to merge the two organizations. Baptist Memorial Health Care has 24 hospitals in West Tennessee, Mississippi and Northeast Arkansas, with two of those hospitals in Crittenden and Craighead counties in Arkansas. Baptist, which had a net operating revenue of $4.4 billion in fiscal year 2024, most recently completed successful mergers with Anderson Regional Health System in Meridian, Mississippi, in 2024 and Mississippi Baptist Health System based in Jackson, Mississippi, in 2017.
Read the full article: AMMC and Baptist Memorial Sign Letter of Intent to Merge //
Source: https://www.prnewswire.com/news-releases/ammc-and-baptist-memorial-sign-letter-of-intent-to-merge-302434763.html