HOUSTON-The Houston Business Journal reports that Harris Methodist (the region's third-largest healthcare system) has struck a deal with Christus Health Gulf Coast to acquire two hospitals. Upon finalization of the deal, Harris Methodist will take control of Christus St. Catherine, at 701 S. Fry Rd. in Katy and Christus St. John at 18300 Hospital Blvd. in Nassau Bay.
HBJ also reports that the deal will include Christus clinics in Katy and Nassau Bay. The transaction is expected to be complete by the end of the year. Financial details were not immediately available.
For more information about the transaction, click here.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
