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Wed Oct 17, 2012, 06:08 AM

HCA Midwest aims to buy St. Joseph and St. Mary’s hospitals [View all]

Source: Kansas City Star

HCA Midwest Health System is negotiating to acquire St. Joseph Medical Center in Kansas City and St. Mary’s Medical Center in Blue Springs, the latest example of a national trend of consolidated hospital ownership.

The move from smaller, nonprofit and community hospitals to large, for-profit companies is growing across the country as hospitals position themselves to handle the demands of federal health care legislation.

Ascension Health, the nonprofit owner of Carondelet Health, which owns the two hospitals, said Tuesday that it is pursuing talks with HCA to buy the two hospitals and some other Carondelet subsidiaries in the Kansas City area.

The deal would add to HCA Midwest’s census of nine hospitals, five surgery centers and a psychiatric facility in the Kansas City area, rivaling the St. Luke’s Health System in number of facilities.



Read more: http://www.kansascity.com/2012/10/16/3869732/hca-aims-to-buy-st-joseph-and.html

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Reply HCA Midwest aims to buy St. Joseph and St. Mary’s hospitals [View all]
pstokely Oct 2012 OP
Cooley Hurd Oct 2012 #1
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