HEART HOSPITAL BEATS FOR NEW OWNER
SAN ANTONIO (San Antonio Business Journal) – Methodist Healthcare System ended the year by acquiring TexSan Heart Hospital from MedCath Corp. and its physician owners.
The property was purchased for $78.5 million with MedCath expecting to receive $58 million after fees and acquisitions costs related to the minority interest owned by heart doctors.
The Alamo City heart hospital opened in 2004 and in 2009 received an Excellence Award from Healthgrades, an independent health care rating organization.
Methodist Healthcare is San Antonio’s largest health system.
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