Hamilton Herald Masthead Attorneys Insurance Mutual of the South

Editorial


Front Page - Friday, December 15, 2017

CHI Memorial to acquire two North Georgia hospitals




CHI Memorial Hospital – Georgia

CHI Memorial has signed a definitive agreement to acquire Cornerstone Medical Center in Fort Oglethorpe and has acquired the former Hutcheson on the Parkway in Ringgold.

At the request of Cornerstone’s Atlanta-based owner, ValorBridge, CHI Memorial began to manage Cornerstone Medical Center in August. Subsequently, a definitive agreement to acquire was signed effective Dec. 29.

CHI Memorial will provide services at the newly named CHI Memorial Hospital - Georgia (formerly Cornerstone Medical Center) and CHI Memorial - Parkway (formerly Hutcheson on the Parkway).

With this acquisition, Cornerstone will become part of an integrated health system with more than 3,500 employees and 661 medical staff members.

Source: CHI Memorial