Covenant Health Acquires Bangor Nursing & Rehabilitation Center
May 25, 2021
Covenant Health has signed a definitive agreement to acquire Bangor Nursing & Rehabilitation Center, bringing the independent not-for-profit facility into Covenant's regional Catholic health system. The deal—pending approval from the Maine Department of Health and Human Services—will make Bangor Nursing a sponsored member of Covenant Health while maintaining its not-for-profit status and community-led board guidance.
- Buyers
- Covenant Health
- Targets
- Bangor Nursing & Rehabilitation Center
- Sellers
- Bangor Nursing & Rehabilitation Center's community-led board of directors
- Industry
- Healthcare Services
- Location
- Maine, United States
- Transaction Type
- Buyout
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