April 16, 2025- Group Well being Techniques, Inc. introduced that subsidiaries of the corporate have been concluded a definitive settlement to promote their collective possession curiosity of 80% in Cedar Park Regional Medical Middle and sure extra corporations in Cedar Park, Texas, to subscension well being for $ 460 million in money and different variations. Ascension Well being at the moment has an curiosity in minorities within the regional medical heart of Cedar Park and can purchase the remaining curiosity by way of this transaction.

The transaction is anticipated to shut late within the second quarter or early within the third quarter of 2025, topic to approvals and shutting circumstances.

This transaction is without doubt one of the extra potential rejections which can be mentioned on the fourth quarter of the corporate and the top of the yr 2024 win name and in subsequent public performances.

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