Prisma Health-Midlands will acquire two Midlands health systems through an agreement announced Thursday. The 1.2 million-patient healthcare provider, headquartered in Greenville, has
purchased LifePoint Health’s Camden-based KershawHealth and Columbia’s Providence Health systems with plans to extend its Midlands network.
“We are delighted at the prospect of welcoming the Providence and KershawHealth teams to the Prisma Health family,” Mark O’Halla, president and chief executive officer of Prisma Health, said in a news release. “Providence and KershawHealth are known to share our commitment to improving patient experiences, clinical quality and access to care. We look forward to continuing our mutual goal of enhancing the health of our communities.”
Terms of the acquisition were not disclosed.
Through integration of KershawHealth and Providence Health, Prisma Health plans to target clinical expansion in areas including pediatric, orthopedic, women’s health and cardiovascular care, according to the release.
Providence Health will bring two hospitals, a freestanding emergency room, sleep centers, cardiac rehab facilities, outpatient therapy centers and a number of network practices into Prisma’s fold, the release said. Kershaw Health serves four cities through its Camden medical center, Elgin outpatient and urgent care center, West Wateree Medical Complex, sleep diagnostics center and therapy facility, now operated by Prisma Health.
“Ensuring that we maintain access to healthcare in South Carolina’s rural communities has been a priority of my administration, but we’ve always known that the private sector would be our most important partners in reaching that goal,” Gov. Henry McMaster said in the release. “This proposed acquisition would provide new opportunities to enhance clinical quality and improve access to affordable care for patients in the Midlands and beyond, but it also shows that Prisma Health is committed to the communities it serves, and for that, we should all be grateful.”
Source: GSA Business Report