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The Pajaro Valley Health Care District Hospital Corporation Acquires Watsonville Community Hospital

Sep 01, 2022•over 3 years ago

Acquiring Company

Watsonville Community Hospital

Acquired Company

Watsonville Community Hospital

MedicalHealth CareMedicalHealth Care

Description

The Pajaro Valley Health Care District Hospital Corporation (“the District”) today announced that it has acquired Watsonville Community Hospital (“the Hospital”) following the largest community fundraising campaign in the history of Santa Cruz County. This milestone positions the Hospital to continue serving the community as a non-profit provider for many years to come, with the ongoing support of new ownership that understands the importance of continuing to deliver quality healthcare services to everyone in the Pajaro Valley.

Company Information

Company

Watsonville Community Hospital

Location

Nielson Street

About

Watsonville Community Hospital is a 106-bed full-service acute care hospital serving the city of Watsonville and the surrounding culturally diverse tri-county area along California’s Central Coast. The hospital offers a wide range of quality medical and surgical services including cardiac care, diagnostic imaging, emergency services, general surgery, maternity services, orthopedics, pediatrics, rehabilitation services, robotic surgery, urology, vascular surgery, women’s health services, and wound care. For more information, go to www.watsonvillehospital.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed