TriHealth has acquired Clinton Memorial Hospital in Wilmington, a city located 50 miles northeast of Cincinnati, according to a release emailed by the hospital system Monday.
Patients who currently receive care at Clinton Memorial can expect to see the same services and providers with the transition, according to Brian Eagan, a spokesperson for TriHealth, while getting increased access to TriHealth’s acute and complex care.
“The plan is for patients to continue seeing the providers they know,” Eagen said.
He declined to share how much TriHealth paid to acquire the 140-bed facility.
TriHealth continues rural expansion
Clinton Memorial will be TriHealth’s sixth acute care hospital, and its second in a rural area, after McCullough-Hyde Memorial Hospital in Oxford.
“This acquisition serves as the latest proof point and evidence of TriHealth’s commitment to strengthen access to rural healthcare,” said Eagan, who also pointed to TriHealth’s partnerships with other rural hospitals such as Highland District Hospital and Adams County Hospital.
With TriHealth’s acquisition, Clinton Memorial will move from a for-profit ownership to a nonprofit model.
The hospital was previously owned by ScionHealth, a hospital chain owned by private equity firm Apollo Global Management.
The chain operates at least 85 hospitals across the country but permanently closed at least three hospitals in Chicago and Tampa earlier this year, due to high amounts of debt and financial distress.
This article originally appeared on Cincinnati Enquirer: TriHealth acquires Clinton Memorial, second rural hospital in 7 years
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