Froedtert buy­ing doc prac­tices, clin­ics from ProHealth Care

Modern Healthcare - - Late News -

ProHealth Care, a two-hos­pi­tal sys­tem based in Wauke­sha, Wis., reached a pre­lim­i­nary agree­ment to sell 51 physi­cian prac­tices, sev­eral clin­ics and a par­tial own­er­ship stake in an am­bu­la­tory surgery cen­ter to Mil­wau­kee’s Froedtert & Com­mu­nity Health. Fi­nan­cial de­tails of the trans­ac­tion be­tween the two not-for-profit Wis­con­sin health­care providers were not re­leased. A news re­lease said the par­ties were still fi­nal­iz­ing the pur­chase agree­ment. In ad­di­tion, Froedtert will ac­quire ProHealth’s par­tial own­er­ship stake in the am­bu­la­tory surgery cen­ter on the cam­pus of Com­mu­nity Me­mo­rial Hos­pi­tal, Menomonee Falls, Wis., which is one of three acute-care hos­pi­tals in the Froedtert in­te­grated sys­tem. The cen­ter is now jointly owned by ProHealth, Froedtert and Aurora Health Care.

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