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Northeast Alabama Regional Medical Center Signs Agreement to Acquire Stringfellow Memorial Hospital

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March 03, 2017

An agreement has been reached for Northeast Alabama
Regional Medical Center (RMC) to acquire Stringfellow Memorial Hospital (SMH) and its
associated physician clinics and outpatient services from subsidiaries of Tennessee-based
Community Health Systems, Inc. (CHS). The purchase price of $25 million includes RMC’s
assumption of the approximately $13 million facility lease. When the transaction is complete,
the organizations will work together to build an even stronger network of coordinated care for
people in the region.
“We are pleased for our organizations to join together to serve northeast Alabama, Calhoun
County and surrounding communities. Both organizations have long histories of providing high
quality care, and we will work closely to enhance the future of healthcare in the region,” said
Louis Bass, President and Chief Executive Officer of RMC.
Each of the hospitals has operated in Anniston for more than 70 years and grown healthcare
resources in response to community need. As one network of care, the hospitals will facilitate
care between facilities and physicians, improving continuity of care and access to services for
the region.
“Combining our two organizations into one ultimately benefits patients the most by uniting two
providers dedicated to caring for our common communities,” said David Zinn, M.D., a
nephrologist on staff at both RMC and SMH and VP of Medical Affairs at RMC. “Our most
important resource – our dedicated physicians and staff members who care for patients – will
have the additional support that comes from being part of a coordinated network of providers.”
The transaction is expected to be complete in the second quarter of this year, subject to
customary regulatory approvals and closing conditions.
About Regional Medical Center
With 323 inpatient beds at Regional Medical Center (RMC) Anniston, 104 beds at RMC
Jacksonville, and numerous outpatient facilities and services, RMC is the provider of choice for
over 13,500 inpatients, 89,000 outpatients, 1,850 newborn deliveries and 57,500 emergency
room visits each year. Services include cardiovascular, oncology, orthopedic and women’s/
children’s, as well as most major specialties for the right care close to home. More than 1,800
employees, 350 volunteers and 200 physicians in a full range of specialties provide state-of-theart
healthcare with integrity, skill and compassion. RMC is accredited by the American College
of Surgeons’ Commission on Cancer, is an affiliate in the UAB Cancer Care Network, is
recognized by Blue Cross and Blue Shield of Alabama as a Blue Distinction Centers+ for Knee
and Hip Replacement®, and is the first designated Baby-Friendly birthing facility in Alabama. For
more information, visit www.RMCcares.org.
About Stringfellow Memorial Hospital:
Stringfellow Memorial Hospital in Anniston, Alabama is a 125-bed acute care hospital that was
established in 1938. The hospital is accredited by The Joint Commission, the leading accrediting
agency for hospitals in the United States. Stringfellow Memorial provides comprehensive acute
care inpatient services, offers 24-hour emergency care, general and specialized surgical services
including laparoscopic and laser surgery, same day outpatient surgery and procedures, a fullservice
rehabilitation department, pain clinic, and diagnostic testing procedures including MRI
and CT scanning. The hospital is the only health facility in Calhoun County to receive Chest Pain
Accreditation by the Society of Chest Pain Centers.
Contact:
Kate VanMeter, Marketing Director
kvanmeter@rmccares.org

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Calhoun County Chamber of Commerce
1330 Quintard Ave.
PO Box 1087
Anniston, AL 36202
256-237-3536
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