The Medical University of South Carolina (MUSC) and Medical University Hospital Authority (MUHA) Board of Trustees voted to purchase Providence Health and KershawHealth, which are currently part of LifePoint Health.
The acquisition will include three community hospitals, a freestanding emergency department (FSED) and affiliated physician practice locations serving communities in the Midlands. Providence Health serves Columbia, S.C. and the surrounding region with two full-service hospitals and a freestanding emergency room. KershawHealth is a full-service medical center located in Camden, S.C., which has been an affiliate of MUSC Health since 2015.
David J. Cole, M.D., FACS, MUSC president, said, “As the state’s only comprehensive academic health system, we understand that we have a responsibility to enable better access to complex, high-end care while working to facilitate the best-quality local care possible.”
MUSC Health anticipates hiring all active employees in good standing at compensation levels generally consistent with current rates and fair market value. MUSC team members will meet with the administrators at each of the facilities to determine staffing and needs, with the intent to make operations as efficient and successful as possible, maximizing value to patients, families and their respective communities.
Terms of the transaction have not yet been disclosed.