Anderson Regional completes purchase of Riley

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Published: December 28,2010

Tags: healthcare, hospitals, mergers and acquisitions

MERIDIAN — Anderson Regional Medical Center has completed its purchase of Riley Hospital from Health Management Associates Inc.

Both hospitals are located in Meridian. Terms of the purchase were not released yesterday.

Anderson president/CEO L. Ray Humphreys says the acquisition is expected to be finalized by Jan. 1 and Anderson will take ownership of substantially all of the assets of Riley Hospital.

Humphreys says the acquisition will add 140 licensed beds, making Anderson Regional a 400-bed facility.

He says Anderson also will add programs including long-term acute care, wound care, inpatient rehabilitation, a pain management center and enhanced obstetrics services.

The Mississippi Department of Health would have to sign off on the deal.

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