The announcement comes four months after the health system signed an agreement to acquire the 99-bed hospital.
Covenant Health has acquired Lea Regional Medical Center, the health system announced late last week. Lea Regional Medical Center will now change its name to Covenant Health Hobbs Hospital.
The news comes four months after the Lubbock, Texas–based health system announced it signed an agreement to acquire the Hobbs, New Mexico–based hospital. Dan Springer, the hospital’s current CEO, will maintain his role of leading the 99-bed medical center.
"Covenant Health's acquisition of Lea Regional Medical Center gives them an immediate, local presence providing inpatient hospital services as part of their commitment to this area. Our caregivers will become part of their organization and Hobbs residents will benefit from continuous access to local healthcare," Springer said in a statement.
"Our commitment to eastern New Mexico has never been stronger. We look forward to extending our comprehensive health network to the Hobbs community and are honored to serve alongside our neighbors and friends," Richard Parks, regional chief executive for Covenant Health, said in a statement.
This week, Covenant Health will also break ground on a hospital in Hobbs. In 2019, the health system announced plans to invest $75 million dollars in building a 32-bed "smart-sized hospital."
The expansion and acquisition will allow "for a more immediate impact within the community and an opportunity to provide even more quality health care to patients in eastern New Mexico," the press release said.
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Melanie Blackman is a contributing editor for strategy, marketing, and human resources at HealthLeaders, an HCPro brand.