Skip to main content

MedStar closes purchase of Southern MD Hospital Center

By Washington Business Journal  
   December 12, 2012

MedStar Health has completed its acquisition of Southern Maryland Hospital Center in Clinton, adding its 10th hospital and important territory in the emerging fight for control of Maryland's health care market. Terms were not disclosed. Concurrent with the transaction, Southern Maryland is ending its run as Maryland's only for-profit hospital. It is now a nonprofit subsidiary of MedStar, which has renamed the hospital MedStar Southern Maryland and pledged to invest at least $100 million over five years to upgrade the campus.

Full story

Tagged Under:


Get the latest on healthcare leadership in your inbox.