CommonSpirit Unlikely to Pursue Steward’s Arizona Assets

Daniel Morrisette, CFO of Chicago-based CommonSpirit, said he doesn’t expect the health system to purchase Dallas-based Steward Health Care’s Arizona assets, but said they are evaluating potential opportunities. “There are opportunities that occur in many of our markets and Arizona is one of our most important markets and one that we are putting in as much time and resources as possible,” Mr. Morrisette said on the health system’s May 23 call. “I do not anticipate us purchasing the Steward assets there, but we do look at these opportunities on a consistent basis.”

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Source: https://www.beckershospitalreview.com/hospital-transactions-and-valuation/commonspirit-unlikely-to-pursue-stewards-arizona-assets.html

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