Brentwood, Tenn.-based Quorum Health is selling four Illinois hospitals to Evansville, Ind.-based Deaconess Health System and another hospital — the largest of the five — to Glendale, Calif.-based American Healthcare Systems, Becker’s reports.
American Healthcare Systems plans to buy Gateway Regional Medical Center, a 298-bed facility with more than 700 employees, an ASC and physician practices in Granite City, Ill. The transaction is expected to close at the end of January.
The health system aims to boost patient volumes and improve the hospital’s specialist network. Read more.