Christus St. Michael Health System issued the following announcement.
CHRISTUS Health and AdventHealth have agreed on the terms of a binding definitive agreement under which Central Texas Medical Center (CTMC) in San Marcos, Texas, along with its subsidiaries, will become part of the CHRISTUS Health system. The transaction is expected to be complete in the spring of 2020.
“We welcome the CTMC employees and physicians as they join the CHRISTUS family of more than 45,000 associates and over 15,000 physicians who provide individualized care in communities across Texas, Arkansas, Louisiana, New Mexico and in Latin America. Our organizations share a common mission to Extend the Healing Ministry of Jesus Christ and a commitment to making communities healthier by delivering exceptional quality, faith-based and compassionate health care no matter the ability to pay,” said Ernie Sadau, President/CEO of Irving-Texas based CHRISTUS Health.
“The addition of CTMC to our family of hospitals further demonstrates our commitment to keeping exceptional health care close to home. We are thrilled to work with the community of San Marcos and surrounding communities. With hospitals in San Antonio, New Braunfels and now San Marcos we are better positioned to serve all in the rapidly growing communities in South and Central Texas.”
Over the next few months CHRISTUS Health and AdventHealth will work together to ensure a smooth transition process for CTMC and its patients, physicians and team members.
“CTMC has been a very important part of AdventHealth for many years, and the caregivers and employees have worked hard to fulfill our mission of Extending the Healing Ministry of Christ in the San Marcos area. Over time we’ve realized that the interests of CTMC and the community it serves would benefit from the hospital joining a strong health system with a robust regional network,” said Terry Shaw, President/CEO of AdventHealth.
“CTMC is committed to providing excellent care to the San Marcos community, and this transition will best position CTMC to continue to deliver quality care as part of a network of health care facilities in the state,” said Anthony Stahl, president/CEO of Central Texas Medical Center.
The transaction is subject to customary regulatory approvals. Until the transaction is complete, CTMC will continue to be part of the AdventHealth system.
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