MUSC Health is poised to gain majority ownership of Tidelands Health, and the deal is expected to close in the fall. Tidelands has been facing financial difficulties.
MUSC Health already owns a part of Tidelands Health, and now the academic health system is looking to acquire a larger stake.
The health care system of the Medical University of South Carolina, MUSC Health is moving to acquire majority ownership of Tidelands Health, a nonprofit system which operates four hospitals and more than 70 outpatient clinics…