HUNTINGTON, W.Va. (AP) — A West Virginia hospital plans to hitch the Mountain Well being Community underneath an settlement that requires $39 million in investments over the following 5 years, well being officers introduced.
The deal introduced Thursday is step one in Nice Valley Hospital in Level Nice being acquired by Cabell Huntington Hospital and permitting the 101-bed nonprofit hospital to develop into a part of the well being community that additionally contains the St. Marys Medical Middle in Huntington, Mountain Well being mentioned. in a press launch.
Nice Valley was already underneath a 2013 administration providers settlement with Cabell Huntington.
The newest deal requires Cabell Huntington to take a position $25 million in Nice Valley. That features an improve to its info expertise platform, renovations to the emergency division, further doctor recruitment and medical residency coaching packages in partnership with the Marshall College Joan C. Edwards Faculty of Drugs and Marshall Well being. .
As well as, Nice Valley will contribute an estimated $14 million that Cabell Huntington will use for capital enchancment tasks on the hospital, based on the discharge.
“With a lot constructive change in Mason County and the encompassing space, the time is correct for Nice Valley Hospital to take the following step with Mountain Well being Community in advancing our future in caring for our neighborhood,” mentioned President Nice Valley Board Peter Allinder within the assertion.
Mountain Well being CEO Kevin Yingling mentioned the purpose of the settlement is to make sure entry to superior medicines and compassionate look after residents served by Level Nice hospital in West Virginia and Ohio.