USA To Acquire Providence Hospital

The University of South Alabama (USA) board announced this week that the (USA) Health Care Authority will acquire Providence Hospital from Ascension for $85 million. USA will acquire the 349-bed hospital and its related care sites, including the physician practices of Ascension Medical Group and 2,100 employees. Under this agreement, Providence Hospital will join the USA Health network, and both entities say they are committed to creating a smooth transition for patients, physicians, providers and associates, with no disruption in services or procedures. Providence Hospital is a full-service facility with 24/7 emergency care, a Level III trauma center, an outpatient diagnostic center and a freestanding rehabilitation and wellness center. The acquisition is expected to close this fall. Until then, USA and Providence Hospital will continue to operate independently.