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Centura Health To Acquire Utah Care Sites From Steward Health Care

PRIVATEFeb 15, 2023

Acquiring Company

Centura Health

Acquired Company

Steward Health Care Network

WestwoodHealth CareNon ProfitHealth CareMedical

Description

Centura Health, one of its two joint operating sponsors, CommonSpirit Health, and Steward Health Care announced today that they have signed an asset purchase agreement (APA) for CommonSpirit Health to acquire Steward’s Utah care sites, which include five hospitals, more than 35 medical group clinics, and a clinically integrated network of care providers. Centura Health will manage the assets. The five hospitals and their affiliated clinics included in the agreement are Davis Hospital and Medical Center in Layton, Jordan Valley Medical Center in West Jordan, Jordan Valley Medical Center-West Valley Campus, Mountain Point Medical Center in Lehi and Salt Lake Regional Medical Center in Salt Lake City.

Quick answer

Centura Health is acquiring Steward Health Care Network, announced February 15, 2023.

How much did Centura Health pay for Steward Health Care Network?
The deal value was not disclosed.
What does Centura Health do?
Centura Health connects individuals, families and neighborhoods across Colorado and western Kansas with more than 6,000 physicians and 21,000 of the best hearts and minds in health care.
Where are Centura Health and Steward Health Care Network based?
Steward Health Care Network is based in Westwood, California, United States.

Source: Fundz verified event record.

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Company Information

Company

Centura Health

About

Centura Health connects individuals, families and neighborhoods across Colorado and western Kansas with more than 6,000 physicians and 21,000 of the best hearts and minds in health care. As a joint operating agreement between its two Sponsors: CommonSpirit Health, a Catholic ministry, and AdventHealth, a ministry of the Seventh-day Adventist Church, Centura manages and operates 20 hospitals, neighborhood health centers, physician practices and clinics, home care and hospice services, and Flight For Life® Colorado. Through its Vision of every community, every neighborhood and every life – whole and healthy, its caregivers amplify whole person care and make the region’s best health care accessible. For information on Centura Health or any of the facilities in our network, please visit the Centura Health website.

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Frequently asked

Who acquired Steward Health Care Network?

Steward Health Care Network was acquired by Centura Health. The deal was reported on February 15, 2023. Centura Health connects individuals, families and neighborhoods across Colorado and western Kansas with more than 6,000 physicians and 21,000 of the best hearts and minds in health care. Centura Health is privately held and operates in Health Care.

When did Centura Health acquire Steward Health Care Network?

Centura Health's acquisition of Steward Health Care Network was reported on February 15, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Steward Health Care Network do?

Steward Health Care is a healthcare company that operated St. Anne’s Hospital, Morton Hospital, and Holy Family Hospital. These hospitals are significant healthcare providers in Massachusetts, offering a wide range of medical services to the local communities. It is privately held, operating in Health Care, and is based in Westwood.

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