2014-03-03 – Via Christi Health Acquires 100% Ownership of Mercy Regional
Mercy Regional Health Center has fully joined Via Christi Health under a transfer agreement between the Memorial Hospital Association (MHA) and Via Christi Health.
Since 1996, Via Christi and the MHA have had a joint 50-50 ownership of Mercy, with Via Christi providing management services. Under the new agreement, the MHA transferred its ownership of Mercy to Via Christi Health. Via Christi has agreed to provide $15.5 million in capital to fund the expansion of outpatient services at Mercy’s facility on College Avenue and other improvements as needed. Mercy Regional Health Center will be renamed Via Christi Hospital later in 2014.