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MultiCare Signs Agreement to Acquire Ownership Interest in Capital Medical Center : VOICE of the Valley


On Dec. 30, 2020, MultiCare Health System announced it has reached an agreement with an affiliate of LifePoint Health to acquire an ownership interest in Capital Medical Center in Olympia. This transaction will expand MultiCare’s ability to meet the health and health care needs of the people and communities in the South Puget Sound region and more broadly in the Pacific Northwest.     
“Capital Medical Center is an important part of the Thurston County community, and we are looking forward to working with the employees and providers in the area to improve the health of the South Sound region,” said Bill Robertson, President and CEO of MultiCare Health System. “MultiCare has been in Thurston County for 30 years and adding Capital Medical Center to our family is the natural next step in our journey to expand access to care and services. Together, we will contribute to the health and vitality of the community in Thurston County and across Washington state.”  ....

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Capital Medical Center set to be acquired by Tacoma-based MultiCare Health System


Capital Medical Center set to be acquired by Tacoma-based MultiCare Health System
The Olympian
1/1/2021
Rolf Boone, The Olympian (Olympia, Wash.)
Jan. 1 MultiCare Health System of Tacoma is set to grow its presence in Thurston County after the health care organization announced this week that it will acquire an ownership interest in Capital Medical Center.
The ownership interest appears significant because the west Olympia hospital will be renamed MultiCare Capital Medical Center.
The acquisition was made possible after MultiCare reached an agreement with an affiliate of LifePoint Health, the organization announced in a news release on Wednesday.
Tennessee-based LifePoint Health is the current operator of the 107-bed hospital. The transaction is subject to regulatory notices and customary closing conditions, according to MultiCare. ....

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