Williamson Health leaders say $950M Ascension St. Thomas sale will fuel hospital growth in the county
Williamson Health board of trustees recommends selling the hospital system to Ascension St. Thomas for $950 million to fuel growth, pending county commissioner approval. The decision followed a review of 20 potential buyers, with Ascension selected over HCA based on finances, value, and culture. The sale includes $700 million upfront and additional investments, aiming to expand the hospital from 337 to 700 beds and enhance primary and specialty care.
Mentioned
Related Signal
Adjacent reporting
- Lantheus Explores Potential $7 Billion Sale Following Offer From Curium
- St. Helena voters to decide to renew property tax to support local hospitals
- County Half-Cent Sales Tax for Healthcare Suddenly Passing in Vote Tally; Could Deliver $10 Million to Pasadena Health Department
- Potential $100M deal emerges to sell Oakland Arena