Two not-for-profit hospitals in Tulsa, Okla., entered merger discussions last week, and another hospital in the Oklahoma City area signed a deal with Columbia/HCA Healthcare Corp.
Hillcrest HealthCare Corp. and Tulsa Regional Medical Center signed a "memorandum of understanding" to merge under a single parent company.
A formal agreement is expected early next year, executives said. Hillcrest owns 426-bed Hillcrest Medical Center and 108-bed Children's Medical Center in Tulsa. Tulsa Regional, a 377-bed facility, is owned by the Osteopathic Hospital Founders Association, Tulsa.
The parties have a "joint commitment to both osteopathic and allopathic medicine," said James M. MacCallum, Tulsa Regional's president and chief executive officer.
Meanwhile, Louisville, Ky.-based Columbia/HCA agreed to buy Bethany (Okla.) Health Care Corp., a for-profit firm that operates 88-bed Bethany Health Center. The hospital building is owned by the city of Bethany, a town of 22,000 residents in the western Oklahoma City metropolitan area. The city will maintain ownership after the deal is completed, executives said.
Columbia/HCA, a chain with close to 200 hospitals nationwide, owns 354-bed Presbyterian Hospital in Oklahoma City and 163-bed St. Mary's Hospital in Enid, Okla. And, the company's purchase of the Nashville, Tenn.-based Healthtrust chain will add five hospitals to Columbia/HCA's Oklahoma network.