MultiCare inks $425M deal for Spokane-area hospitals, clinics

MultiCare Health System will acquire two Spokane County (WA) hospitals as part of a $425 million acquisition. The Tacoma-based nonprofit healthcare company is buying Deaconess Hospital in Spokane and Valley Hospital in Spokane Valley, along with the Rockwood clinics, a large chain of primary, specialty, and urgent care clinics in the Inland Northwest.