Banner Health to acquire Casa Grande hospital

CASA GRANDE, Ariz. (AP) — Phoenix-based Banner Health plans to acquire Casa Grande Regional Medical Center, a 177-bed not-for-profit community hospital in Pinal County.

Banner Health has signed a letter of intent to acquire the Casa Grande hospital and will provide interim funding as needed to keep it open until the acquisition is complete. Other terms were not disclosed.

The acquisition is subject to approval by regulators but is expected to occur by the middle of 2014.

The Casa Grande hospital has been burdened by unpaid care.

Banner Health is a nonprofit health care system that manages 23 acute-care hospitals and medical facilities ranging from long-term care centers to family clinics.

The planned acquisition was announced Monday. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language, racial slurs or consistent name calling will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

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