North Carolina’s Iredell Health System To Acquire Psychiatric Hospital From Community Health Systems  

Statesville, North Carolina-based Iredell Health System (IHS) is set to acquire Davis Regional Psychiatric Hospital from subsidiaries of Community Health Systems. Financial terms of the deal were not disclosed.;

IHS said it intends to keep the 144-bed facility open and retain current employees. The transaction is subject to regulatory approvals and is expected to close later in 2024. ;

Iredell Health System includes Iredell Memorial Hospital,;a 247-bed facility. It also operates clinics and outpatient facilities. Davis Regional first began in 1920. It transitioned from an acute care hospital to a behavioral health facility in . . .