Memorial Health System Agrees to Acquire Merit Health Biloxi
GULFPORT, Mississippi – November 8, 2024 – On November 8, 2024, Memorial Health System entered into an agreement with a subsidiary of Community Health Systems, Inc. (NYSE: CYH) to acquire full ownership of Merit Health Biloxi. The transaction is expected to be completed in first quarter of 2025.
Memorial and Merit Health Biloxi have collaborated to enhance healthcare across the Gulf Coast by establishing regional partnerships in oncology, neurology, neuro-interventional radiology, radiology, infectious disease, and cardiology. This collaboration has allowed both organizations to better offer patient-centered care and ensure seamless services for the region.
“Our collaboration came at a pivotal time when both organizations needed to work together to ensure that healthcare services remained uninterrupted during an incredibly challenging period created by the global pandemic,” said Kent Nicaud, President and CEO of Memorial Health System.
“As the health needs of our region rapidly changed, our efforts enabled us to respond more effectively and ensure that patients continued to receive the care they relied on. Now, Memorial is well-positioned to build on this foundation. By taking full ownership, we can provide a more consistent experience for patients and make it easier for them to access the care they need. With our hospitals and clinics working under the same system, patients will experience smoother transitions between facilities, knowing they’re receiving the same high level of care no matter where they go. Our commitment remains to deliver quality healthcare at every stage of life, which has always been at the core of our mission. We will continue to invest in our facilities, advance our technology, create growth opportunities for our staff, and ensure that everyone in Coastal Mississippi can get the care they need, close to home.”
The acquisition includes Merit Health Biloxi’s hospital operations, medical office building, clinics, and two imaging centers. Memorial has no plans to discontinue any services currently provided by Merit Health Biloxi, and the focus is on ensuring a smooth transition for both employees and patients.
Nicaud emphasized, “The hospitals in Gulfport and Biloxi have rich legacies and exceptional teams, and we are excited to continue serving the region together. We are fully committed to supporting our staff and ensuring they are aligned with the long-term vision of our health system. Together, we will shape the future of healthcare on the Coast while continuing to prioritize what’s best for our patients.”
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ABOUT MEMORIAL HEALTH SYSTEM
Memorial Health System has been serving the Mississippi Gulf Coast since 1946. Located in Gulfport, Mississippi, Memorial is a not-for-profit public community hospital organized under the laws of the state of Mississippi and is jointly owned by the City of Gulfport and Harrison County. Memorial Health System includes an affiliation with Merit Health Biloxi, two hospitals (Harrison and Stone Counties) licensed for 328 beds, a state-designated Level II Trauma Center, two nursing centers, four outpatient surgery centers, satellite outpatient diagnostic and rehabilitation centers, and more than 100 Memorial Physician Clinics. Memorial offers several of the region’s most comprehensive clinical programs and medical specialties unique to the area, including a Level III Neonatal ICU and Mississippi’s first nationally certified Primary Stroke Center. Visit wearememorial.com to learn more.
ABOUT MERIT HEALTH BILOXI
Merit Health Biloxi is a Joint Commission-accredited acute care, 153-bed hospital. Inpatient and outpatient services provided include emergency, heart care, orthopedic, women’s health, surgical, neurological, rehabilitation, geriatric behavioral health, laboratory, digestive health and diagnostic imaging. Working to make a positive impact on the communities we serve, other access points include two imaging centers and specialty clinics affiliated with Merit Health Medical Group. Learn more at merithealthbiloxi.com.