Springdale, Ark.-based Community Clinic signed a letter of intent June 30 to acquire four Baptist Health Family Clinic locations in Arkansas’ River Valley, marking the nonprofit’s first expansion into the region.
According to a June 30 news release, the clinics under consideration are located in Alma, Greenwood, Fort Smith and Van Buren, Ark. Little Rock, Ark.-based Baptist Health owns the facilities. The proposed transaction is subject to review by the Health Resources and Services Administration, additional regulatory approval and execution of a definitive agreement, a process expected to take months.
The proposed deal follows months of service reductions and layoffs at Baptist Health’s Fort Smith campus, including the April closure of its labor and delivery unit.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.