CHARLESTON, S.C. (AP) - The Medical University of South Carolina wants to spend up to $137 million on four rural hospitals.
The Post and Courier reports that online records it reviewed offer the first look at the price MUSC is willing to pay for the hospitals as the system works to finalize a deal.
MUSC must ask permission from the State Fiscal Accountability Authority to proceed with the purchases from Community Health Systems.
If the transaction proceeds, it will mark the first time that MUSC buys other hospitals.
The hospitals include facilities in Lancaster, Chester, Mullins and Florence. The acquisition will add more than 2,000 employees to MUSC, which already employs close to 14,000.
MUSC Health CEO Dr. Patrick Cawley said the amount represents the most MUSC would set aside for the purchase.
