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Prisma Health-Midlands to acquire KershawHealth and Providence Health

por John R. Fischer, Senior Reporter | March 10, 2020
Business Affairs
Prisma Health-Midlands is set to acquire KershawHealth and Providence Health in South Carolina
Prisma Health-Midlands is set to acquire KershawHealth in Camden, South Carolina, and Providence Health in Columbia, South Carolina.

Signed between Prisma Health and the owner of KershawHealth and Providence Health, LifePoint Health, the agreement would add three hospitals to Prisma-Health Midlands and is expected to expand the delivery of high-quality care in communities and regions it serves.

“Providence and KershawHealth are known to share our commitment to improving patient experiences, clinical quality and access to care,” Mark O’Halla, president and chief executive officer of Prisma Health, said in a statement. “We look forward to continuing our mutual goal of enhancing the health of our communities.”
Prisma Health serves more than 1.2 million unique patients across the state’s Midland and Upstate regions annually.

The three hospitals that will be integrated with Prisma Health-Midlands are Providence Health and Providence Health Northeast; Kershaw Health; and a freestanding emergency room in Fairfield County. The additions are expected to expand centers of excellence in clinical areas such as cardiovascular health, women’s health, orthopedics, and pediatrics, that neither organization could do alone.

KershawHealth comprises the Medical Center at Camden; an outpatient center and urgent care at Elgin; West Wateree Medical Complex, Sleep Diagnostics Center, and the Physical Therapy Clinic at Kershaw; and an additional location in Lugoff. Providence Health serves Columbia and surrounding communities with two full-service hospitals, one free-standing emergency room, and a network of physician practices, sleep centers, cardiac rehab facilities, and outpatient physical, occupational and speech therapy locations across the region.

“Joining Prisma Health offers exciting opportunities for everyone at KershawHealth and Providence, as well as the communities we serve,” said Terry Gunn, market chief executive officer for KershawHealth and Providence Health, in a statement. “Being part of a regional system allows us to offer our patients access to a wider array of services and explore new ways to improve the health and well-being of people of all ages.”

Prisma Health–Midlands operates under the Certificate of Public Advantage (COPA) issued by the South Carolina Department of Health and Environmental Control (DHEC) in 1997. The DHEC has since updated the COPA agreement conditions to address the addition of the Providence Health and KershawHealth assets.

The acquisition is pending customary legal and regulatory requirements.

Financial terms were not disclosed.

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