Beacon Health Acquires Michigan-based Hospital
South Bend-based Beacon Health has acquired Three Rivers Health located in Michigan. (photo courtesy: Beacon)
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowSouth Bend-based Beacon Health System has completed its previously announced acquisition of Three Rivers Health located in St. Joseph County, Michigan. This is Beacon’s first property across state lines. Three Rivers Health operates one, 60-bed hospital and 16 clinics.
While the sales price was not disclosed, under the agreement, Beacon Health System has committed to investing more than $20 million during the next five years at Three Rivers Health to improve its facilities and to facilitate growth.
Three Rivers Health employs about 550 workers. This partnership expands patient access to the 1,100 Beacon Health System physicians, providers and specialists.
“After a long process of determining the best route for the future of Three Rivers Health, we could not be more excited to partner with Beacon Health System,” said Dave Shannon, President and CEO of Three Rivers Health. “Our organization’s values, beliefs and cultures are very much aligned. Having the support of a larger health system also allows us to operate more efficiently and will better equip us to serve our patient’s needs. We look forward to the possibilities of enhancing Three Rivers Health and the additional services that we will be able to offer our communities as the product of this partnership.”
Among its facilities, Beacon Health operates Memorial Hospital in South Bend, Elkhart General Hospital, Community Hospital of Bremen.
