The Avera Health system will acquire two South Dakota hospitals and four long-term-care centers from Catholic Health Initiatives in a deal announced this week.
The deal includes 164-bed St. Mary's Healthcare Center, Pierre, and 60-bed Gettysburg (S.D.) Memorial Hospital. The agreement also includes long-term-care centers Maryhouse and ParkWood in Pierre, plus Oahe Manor and Oahe Villa Congregate Living Center in Gettysburg. Financial terms of the deal between the two Catholic not-for-profit organizations were not disclosed.
“Avera is excited to expand our services in central South Dakota,” Avera President and CEO John Porter said in the release (PDF). “Our mission calls us to provide the highest quality of care possible at local facilities. Adding the services and employees in Pierre and Gettysburg allows Avera to provide a full continuum of care to patients across the region.”