January 2019 M&A Spotlight: Scenic Mountain Medical Center Acquired

Article commentary by: Eric Murphy, Managing Director, Global Healthcare Services

Quorum Health acquired Scenic Mountain Medical Center in January 2019. Scenic Mountain Medical Center provides healthcare and emergency services based in Big Spring, TX. It provides colorectal screenings and other healthcare procedures to the community. The cash proceeds from the transaction will be used to repay outstanding principal on Quorum Health’s Term Loan Facility.

  • Headquarters: Big Spring, Texas

  • Number of Beds: N / A

  • Industry: Clinics / Outpatient Services

  • Services: Healthcare and Emergency Services

  • Acquired By: Quorum Health

  • Acquisition Date: January 7, 2019

  • Type: Merger / Acquisition

  • Deal Amount: Not Disclosed


Source: PitchBook Data, Inc., Newmark

M&A Deals represent Hospital/Inpatient Services and Clinics/Outpatient Services transactions

All information contained in this publication is derived from sources that are deemed to be reliable. However, Newmark has not verified any such information, and the same constitutes the statements and representations only of the source thereof, and not of Newmark. Any recipient of this publication should independently verify such information and all other information that may be material to any decision that recipient may make in response to this publication, and should consult with professionals of the recipient's choice with regard to all aspects of that decision, including its legal, financial, and tax aspects and implications. Any recipient of this publication may not, without the prior written approval of Newmark, distribute, disseminate, publish, transmit, copy, broadcast, upload, download, or in any other way reproduce this publication or any of the information it contains. This document is intended for informational purposes only and none of the content is intended to advise or otherwise recommend a specific strategy. It is not to be relied upon in any way to predict market movement, investment in securities, transactions, investment strategies or any other matter.

Download Our

Sign Up for Our Newsletter