A West Virginia hospital plans to join the Mountain Health Network under an agreement that calls for $39 million in investments over the next five years, the Associated Press reports.
The agreement is the first step toward Pleasant Valley Hospital in Point Pleasant being acquired by Cabell Huntington Hospital and allowing the 101-bed nonprofit hospital to become part of the health network that also includes St. Marys Medical Center in Huntington, Mountain Health said.
Pleasant Valley already was under a 2013 management services agreement with Cabell Huntington.
The latest agreement calls for Cabell Huntington to invest $25 million in Pleasant Valley. That includes an upgrade in its information technology platform, renovations to the emergency department, additional physician recruitment and physician residency training programs in partnership with the Marshall University Joan C. Edwards School of Medicine and Marshall Health. Read more.
