The sale of Hardin Memorial Health (HMH) to Baptist Health has been accelerated, and will now be finalized by Sept. 1, 2020. The prior plan called for closing on or before Dec. 1, 2020. “Baptist Health is excited to welcome Hardin Memorial Health to the Baptist Health family and begin fulfilling the promises we made two years ago to strengthen and grow HMH’s strong network of facilities and providers,” said Gerard Colman, Baptist Health CEO. Under the terms of the Asset Purchase Agreement (APA), Baptist Health will acquire all assets of HMH and, in return, will commit $235 million over 10 years to HMH in operating and capital investments.
Read the full article: Hardin Memorial Health Will Join Baptist Health in September //
Source: https://www.baptisthealth.com/news/2020/hardin-memorial-health-will-join-baptist-health-in-september