SSM Health to acquire Saint Louis University Hospital

June 1, 2015 2:32 PM

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SSM Health announced plans Monday to purchase Saint Louis University Hospital in a merger of two Catholic institutions. Saint Louis University is buying the hospital from Dallas-based Tenet Healthcare Corp., then selling it to SSM. Tenet purchased the hospital from Saint Louis University in 1998.

Financial terms were not disclosed. The merger is expected to be finalized by late summer, subject to regulatory approval.

Also read: Catholic Health Initiatives, Dignity Health in Merger Talks

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