Signature Hospital Corp., Houston, said it has completed the sale of 194-bed St. Joseph's Hospital, Parkersburg, W.Va., to West Virginia United Health System, Fairmont.
Signature completes sale of W.Va. hospital
Signature announced in January that it was selling the hospital for $100 million last month as part of its effort to sell off its hospitals and wind down the company's operations. The privately held company still has two hospitals in Texas that remain for sale.
The acquisition of St. Joseph's was completed by Camden-Clark Memorial Hospital Corp., Parkersburg, W.Va., which became an affiliate of West Virginia United Health System, according to Greg Smith, a spokesman for Camden-Clark. St. Joseph and the 218-bed facility formerly known as Camden-Clark Memorial Hospital are now campuses of what is called Camden-Clark Medical Center, Smith said.
The system is consolidating the operations of the two hospitals, according to the certificate-of-need approval granted for the two acquisitions and the consolidation by the West Virginia Health Care Authority.
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