The agreement includes the hospital’s related businesses, physician clinic operations and outpatient services
Note: the following release was provided to Polk.Today by AdventHealth. – KtE
May 13, 2021 (Altamonte Springs, FL) – AdventHealth, a faith-based health system, has signed a definitive agreement to purchase 230-bed Redmond Regional Medical Center in Rome, Georgia from HCA Healthcare.
The agreement also includes the hospital’s related businesses, physician clinic operations, outpatient services and all issued and outstanding equity interests.
“We are excited about the opportunity to offer our unique promise of whole-person care and look forward to working with and caring for the team members, physicians, and residents of northwest Georgia and the surrounding area. By affiliating with Redmond Regional Medical Center, we will be well positioned to continue providing excellent care in the community,” said Terry Shaw, president/CEO of AdventHealth.
The transaction is anticipated to be complete in the third quarter of this year, pending regulatory approval. In the meantime, AdventHealth and HCA Healthcare are committed to working together to ensure a seamless transition for team members, physicians and consumers.
“Redmond Regional Medical Center has taken great care of our neighbors, friends and families for many years. We look forward to building on this legacy with AdventHealth and continuing to provide the most comprehensive, high-quality care to northwest Georgia and our surrounding communities,” said John Quinlivan, CEO of Redmond Regional Medical Center.
The transaction is subject to customary regulatory approvals. Until the transaction is complete, current ownership will remain in place.
About Redmond Regional Medical Center Redmond
Regional Medical Center is a 230-bed facility, serving as a regional referral center for all of northwest Georgia and parts of Alabama. Redmond offers a full array of inpatient and outpatient programs, many of which are unique to the northwest Georgia region. As the only hospital in northwest Georgia with an open-heart surgery program and Level I Emergency Cardiac Care Center designation, Redmond provides a full-service cardiology product line and is nationally recognized as a top cardiac care center. In addition to the Gold Seal of Approval®, Redmond has also earned eight disease-specific certifications from The Joint Commission for outstanding care in the areas of cardiology, stroke, orthopedic surgery, spinal surgery, and vascular surgery. Other areas of excellence include emergency care, oncology, and inpatient rehabilitation. For additional information on Redmond Regional Medical Center, visit www.RedmondRegional.com.
About AdventHealth
With a sacred mission of Extending the Healing Ministry of Christ, AdventHealth is a connected system of care for every stage of life and health. More than 80,000 skilled and compassionate caregivers in physician practices, hospitals, outpatient clinics, skilled nursing facilities, home health agencies and hospice centers provide individualized, wholistic care. A shared vision, common values, focus on whole-person health and commitment to making communities healthier unify the system’s 50 hospital campuses and hundreds of care sites in diverse markets throughout almost a dozen states. For more information about AdventHealth, visit AdventHealth.com, or Facebook.com/AdventHealth.
