Announced
Financials
Tags
Friendly
Single Bidder
United States
Health Care Facilities
Private
Majority
hospital
Domestic
Acquisition
Pending
Real Estate
Synopsis
Ramco Healthcare Holdings to acquire two Chicago area community hospitals from Pipeline Health System, a healthcare company, for $92m. "We look forward to earning the approval of the Illinois Health Facilities and Services Review Board and sharing with the board our sound financial and operational plans to strengthen the viability of both hospitals. It is essential to continue the critical mission of providing healthcare services to the communities of Oak Park, Chicago's West Side as well as Chicago's Uptown neighborhood," Reddy Rathnaker Patlola, Ramco Healthcare Holdings Owner.
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