Froedtert Health Bought Controlling Stake in Wisconsin Hospital for $29.9M

Froedtert Helath acquired an 80% interest in Holy Family Memorial for $29.9 million, the health system’s recent financial disclosure reveals. The Manitowoc, Wis.-based hospital owns the remaining 20 percent interest.

Froedtert reported $537,000 in nonoperating gains from the hospital (page 16 of the report). The stake was acquired in March, Froedert disclosed. Read more.

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