Williamson Health’s Board of Trustees has voted to sell the county-owned health system to Ascension, a move that would end nearly seven decades of county ownership if approved by the Williamson County Commission, the Nashville Business Journal reports. Click for More News
The board unanimously approved Ascension’s proposal during a special meeting Monday. The agreement includes a $700 million purchase price, along with commitments for additional investments that bring the total value of the deal to about $950 million.
Under the proposal, Ascension would invest $235 million over the next 10 years for facility improvements and electronic health records. The company also pledged another $140 million for strategic projects during the first five years, plus $20 million for routine capital improvements…