Hamilton to acquire Cleveland, Tennessee, hospital

Published 12:00 pm Monday, April 22, 2024

Hamilton Health Care System announced Monday it has entered into an agreement to acquire Tennova Healthcare Cleveland located in Cleveland, Tennessee.

The agreement with a subsidiary of Community Health Systems will include its 350-bed hospital and its related businesses, including physician clinic operations and outpatient services, according to a statement from the health care system.

The transaction, which is subject to regulatory approvals and other closing conditions, is anticipated to close the third quarter of 2024, Hamilton said in a press release.

“As a not-for-profit and one of the few remaining independent health systems in the region, above all, we are committed to the well-being of our region and keeping care local to the communities we serve,” said Hamilton Health Care System CEO Jeff Myers said in the statement. “Hamilton Medical Center and Tennova Healthcare Cleveland share a proud history of serving the members of our respective communities — our friends, families and neighbors — and we will invest in furthering that legacy to ensure long-term stability; the availability of advanced, comprehensive expert care; and a best-in-class patient experience.”

Jarrett Millsaps, CEO of Tennova Healthcare Cleveland, lauded Hamilton’s “demonstrated commitment to delivering quality care to the patients they serve across the communities they serve” in the press release.

“Our tradition of delivering medical services close to home will be enhanced through this alignment and the dedication and skill of our medical staff and employees,” Millsaps said.

In the prepared statement, Hamilton said its goal “is to further enhance care delivery and healthcare decision-making while empowering local care teams and advancing diagnosis and treatment capabilities. Hamilton Health Care System anticipates the hospitals’ complementary platforms will make the area more attractive for clinicians specializing in medical subspecialties, bringing additional services to the region and improving healthcare overall.”

Hamilton said it will share more information as the transaction nears completion.

“Hamilton Health Care System is a not-for-profit, fully-integrated health system serving the Northwest Georgia region,” the press release said. “The Dalton-based flagship of the system, Hamilton Medical Center, is a 255-bed regional acute-care hospital offering major medical, surgical and diagnostic services, including a cancer institute, comprehensive cardiovascular program, wellness center and accredited stroke and chest pain center. HHCS also includes affiliated physician practices, walk-in care centers, retirement and skilled nursing centers, a diagnostic center, an institute for children with developmental delays.”