St. Mary’s Medical Center has reached an agreement to purchase the assets of Huntington Internal Medicine Group, the area’s largest physician group practice, the two entities announced Tuesday. The agreement has been approved by the board of directors of both organizations, and St. Mary’s plans to submit an application to the state Health Care Authority for a certificate of need. If it receives the HCA’s approval, the deal can be completed in September. “We acknowledge that an acquisition during the COVID pandemic is unexpected,” Mike Mullins, president and CEO of Mountain Health Network, said in the release. “While this is a difficult economic time, both boards recognize the acquisition is an important investment for our region’s future and are committed to bringing it to fruition. When complete, HIMG will join SMMC, CHH and Marshall Health as we build an information technology platform to better serve all patients.” HIMG was founded in 1971 and now consists of more than 60 physicians, physician assistants and nurse practitioners. St. Mary’s Medical Center is an acute care hospital with 393 licensed beds.
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Source: https://www.herald-dispatch.com/news/st-mary-s-medical-center-to-acquire-himg/article_c6e1a797-3371-57d0-8e27-874c0d237ed5.html