The Definitive Blog

2014-06-24 – Beaumont, Botsford and Oakwood Reach Definitive Agreement on $3.8B Merger

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Beaumont Health System, Botsford Health Care, and Oakwood Healthcare have reached a definitive agreement to combine their operations into a new $3.8 billion health care organization.

The not-for-profit, Michigan health system will be called Beaumont Health, and will include eight hospitals with 3,337 beds, 153 outpatient sites, 5,000 physicians, 33,093 employees, and 3,500 volunteers. With state and federal regulatory approvals, the organizations expect to close the transaction in the fall.

July 7, 2014