Signature Hospital Corporation Completes Hospital Sale

-Signature continues to wind down operations with sale of St. Joseph’s Hospital-

HOUSTON--(BUSINESS WIRE)-- Signature Hospital Corporation announced today the completion of the sale of St. Joseph’s Hospital in Parkersburg, West Virginia. St. Joseph’s, a 325-licensed bed hospital, will now join the statewide West Virginia United Health System, the largest healthcare system based in West Virginia.

With the sale completed, Signature will now focus its time, energy and resources on its two Texas-based hospitals, Pampa Regional Medical Center in Pampa, TX and Gulf Coast Medical Center in Wharton, TX. Signature will continue to take steps toward divesting these two remaining hospitals and winding down operations.

About Signature

Based in Houston, Texas, Signature Hospital Corporation presently owns and operates two hospitals: 115-licensed bed Pampa Regional Medical Center in Pampa, Texas and 161-licensed bed Gulf Coast Medical Center in Wharton, Texas.

Signature was founded in 2005 as a privately held company, receiving financial backing from funds managed by Goldman Sachs, a global investment banking and securities firm.

For more information on Signature, please visit www.signaturehospital.com.

Parties interested in becoming a partner with Signature’s Texas hospitals, contact Tom Singleton at 615.400.0534 or Steve Peterson at 281.598.9803.



CONTACT:

for Signature Hospital Corporation
Lauren Fulton, 615-533-8437
[email protected]

KEYWORDS:   United States  North America  Texas  West Virginia

INDUSTRY KEYWORDS:   Health  Hospitals

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