The sale of Abilene Regional was authorized by Texas regulators in early October, despite objection from the Federal Trade Commission.
Due to the fact that Texas implemented a law that guards the offers from federal oversight in exchange for state oversight, the Texas Health and Human Services Commission had last state on the transaction.
Franklin, Tenn.-based Community Health Systems finished the sale of two healthcare facilities in Texas Oct. 27..
” Today is the conclusion of a year of planning and preparation,” Brad Holland, president and CEO of Hendrick Health, stated in a press release. “We are thrilled to begin this change in healthcare for our neighborhoods. Our development guarantees local access to vital medical services that clients need.”.
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” Today is the conclusion of a year of planning and preparation,” Brad Holland, president and CEO of Hendrick Health, said in a news release. “We are delighted to start this transformation in health care for our neighborhoods. Our growth guarantees regional access to crucial medical services that patients need.”.
Alia Paavola –
Tuesday, October 27th, 2020
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CHS sold the 231-bed Abilene Regional Medical Center and the 188-bed Brownwood Regional Medical Center to Abilene-based Hendrick Health System.
With the sale complete, CHS now operates 7 hospitals in Texas..