University Health Care System Acquires Trinity Hospital of Augusta
University Health Care System (UHCS), an integrated nonprofit health system based in Augusta, GA, has acquired Trinity Hospital of Augusta (Trinity) from Quorum Health Corporation, a for-profit system headquartered in Brentwood, TN. The integration of Trinity will allow UHCS to strengthen its delivery of high-quality and efficient care throughout greater Augusta and neighboring communities in Georgia and South Carolina. This includes the enhancement of medical services throughout the region and increased access for the communities that UHCS serves.
UHCS will invest immediately in critical capital improvements at Trinity, including a new roof, installation of a nurse call system, and a full EHR transition to Epic by the end of the year. Trinity will provide much-needed facility space, allowing UHCS to alleviate significant capacity issues at the system’s main campus and positioning UHCS for efficient and cost-effective future growth. Trinity will become a satellite campus of University Hospital and will be renamed University Hospital Summerville in honor of the hospital’s campus in the heart of historic Summerville.
Juniper served as UHCS’s exclusive investment banking advisor as the system pursued a strategic growth strategy. This included an assessment of market opportunities and the consideration of creative solutions for UHCS’s unique growth needs. Juniper was instrumental in the genesis of the idea to grow the system via the acquisition of another in-market provider.
As part of the transaction team, Juniper worked on behalf of UHCS through the negotiation process, the signing of all formal agreements with Quorum, completion of due diligence, and the acquisition of requisite regulatory approvals.
University Health Care System
UHCS is an integrated health system serving greater Augusta and surrounding communities in Georgia and South Carolina. The system is anchored by formerly 581-bed University Hospital in downtown Augusta. University Hospital now grows to 812 beds as a result of the transaction. It is the longest serving hospital in Augusta and the second longest serving hospital in the state of Georgia. The system also includes a rural hospital in nearby Thomson, GA, as well as physician practices, specialty services, and outpatient facilities at more than 10 regional locations. UHCS was created through a corporate restructuring by the Richmond County Hospital Authority to allow for greater flexibility and to facilitate growth beyond Richmond County. The system is a major regional employer, with more than 4,000 employees and nearly 700 medical staff members.
Trinity Hospital of Augusta
Trinity was a 231-bed acute care hospital located in the Summerville neighborhood of Augusta, GA. The hospital had been owned and operated by Quorum Health Corporation, a spin-off company of Community Health Systems. Trinity, which was formerly known as St. Joseph Hospital, has served the community of Augusta for over 65 years collectively.
For additional information, please refer to the press release.