Erlanger Health System has agreed to purchase Murphy Medical Center in western North Carolina, as part of its plan to expand across the Mid-South region of the US.
Financial terms of the deal have not been disclosed.
Once the deal is completed, this would be Erlanger’s first hospital outside of Tennessee.
The acquisition is subject to approval of the boards for the hospital firms.
As per the terms of the deal, Erlanger will take control of Murphy Medical Center by 1 April.
Erlanger will acquire the 25-bed hospital and five medical office buildings along with over 400 employees.
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Murphy Medical Center CEO and chairman Michael Stevenson was quoted by Timesfreepress.com as saying: “The best interest for us is to become part of a bigger system with everything happening in rural health care these days.
“We’re not at risk of closing or going out of business, but our strategic plan concluded that we need to be a part of a bigger system.”
Erlanger president Kevin Spiegel said the agreement will boost its trauma and tertiary-care services.
In 2017, Erlanger began providing helicopter service to North Carolina. It stationed its Life Force helicopter at the Western Carolina Regional Airport in Andrews, North Carolina.