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Washington Regional Hospital - Acquisition and Rehab - Plymouth NC

Washington Regional Hospital – Acquisition and Rehab – Plymouth NC

Loan Amount: Undisclosed (due to client request) Loan to Cost 100% 958 US Hwy 64, East Plymouth, NC 27962   DALLAS, April 23, 2020 /PRNewswire/ — Affinity Health Partners, a rural health system owner and operator today announced it has successfully completed a transaction to purchase Washington Regional Medical Center formally Washington County Hospital in Plymouth North Carolina. The purchase was consummated April 20th, 2020 for an undisclosed sum. “This Acquisition will allow Affinity Health Partners to expand our successful, rural healthcare, integrated care model in North Carolina,” said Frank Avignone, CEO of Affinity Health Partners. Mr. Avignone went on to say, “We look forward to building on the platform of success forged when we reopened the hospital last spring. We believe one of the critical means through which small critical access hospitals can be preserved and continue to provide their communities with high-quality, convenient and cost-effective care is to create connected networks of care and keep the focus where it belongs: on improving services for the patient.” Read Full Story https://www.prnewswire.com/news-releases/affinity-health-partners-complete-acquisition-of-washington-regional-medical-center-plymouth-north-carolina-301046372.html