South Carolina's largest hospital system terminated its agreement to purchase competing hospitals in Columbia and Camden.
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Providence Health in Columbia and KershawHealth in Camden, both affiliates of Tennessee-based LifePoint Health, filed suit in S.C. Administrative Law Court, blocking the opening of a new outpatient surgery and MRI center proposed by Lexington Medical Center.
Prisma Health announced a year ago its plans to purchase the Midlands locations of Providence Health and KershawHealth from Tennessee-based, for-profit health care system, LifePoint Health. But as the purchases faces legal challenges, deadlines for the purchase have passed, leaving the status of the buyout in question.
A judge recently ruled Prisma Health's proposed purchase of the downtown and northeast Columbia locations of Providence Health, KershawHealth and the Providence Health-Fairfield emergency room may not qualify for antitrust protections, putting the sale in jeopardy.
South Carolina's largest hospital system has signed an agreement to purchase Providence Health in Columbia, a move that will take the Capital City down to two major health care providers.
Prisma Health CEO Mark O’Halla said he’ll spend the next year focused on joining operations of the two recently merged hospital systems he oversees before he starts thinking about strategy and growth. Meanwhile, nearby Lexington Medical Center has been on a hiring and building streak to compete with its now even larger rival.