MUSC will buy 4 SC hospitals, first time in its history to make such a purchase
The Medical University of South Carolina’s Board of Trustees approved the purchase of community hospitals in four rural counties Monday night following a discussion in a meeting not open to the public.
It is the first time MUSC has acquired other hospitals in its history. No dollar figures were discussed. Financing will still need to be approved by the State Fiscal Accountability Authority.
The four hospitals to be bought are each owned by Community Health Systems, which operates about 115 hospitals across 20 states. The ones being sold to MUSC include Springs Memorial Hospital in Lancaster; Chester Regional Medical Center in Chester; and Carolinas Hospital System outposts in Mullins and Florence. A resolution authorizing the sale states MUSC would also buy clinics and other services attached to the hospitals.
