Industry Bulletins | February 8, 2023
ScionHealth Completes Acquisition Of Cornerstone Healthcare Group
ScionHealth closed its previously announced acquisition of Cornerstone Healthcare Group (Cornerstone). Financial terms were not disclosed. The addition of Cornerstone’s caregivers and diversified portfolio of high-quality post-acute care facilities enhances ScionHealth’s position as a leading health care delivery network across 28 states and is an important step in executing the organization’s strategic plan for growth and innovation.
The acquisition adds 15 specialty hospitals, eight senior living locations, and approximately 3,000 talented employees to ScionHealth’s network to advance access to high-quality care, enhance innovation, and improve the consumer experience. The transaction expands ScionHealth . . .