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$2.4B deal buys 3 South Carolina hospitals, including Mount Pleasant facility

Ross Norton //February 2, 2024//

The three-hospital purchase by Novant Health includes East Cooper Medical Center. (Photo/Novant Health)

The three-hospital purchase by Novant Health includes East Cooper Medical Center. (Photo/Novant Health)

$2.4B deal buys 3 South Carolina hospitals, including Mount Pleasant facility

Ross Norton //February 2, 2024//

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Three area hospitals have been sold in a $2.4 billion deal to North Carolina-based Novant Health by the previous owner, Tenet Healthcare of Dallas, Texas.

The sale of East Cooper Medical Center in Mount Pleasant, Hilton Head Hospital in Hilton Head and Coastal Carolina Hospital in Hardeeville includes the associated physician clinics and other operations, according to a news release from Novant Health.

“We are beyond thrilled to welcome our new team members and grow our presence in South Carolina,” said Carl S. Armato, president and CEO, Novant Health, which is headquartered in Winston-Salem. “Novant Health’s long-term vision is to transform the health and wellness of these communities through expanded specialty services and clinical expertise. We are energized and united behind our cause to create a healthier future together by building connections with patients and clinicians in coastal South Carolina.”

The East Cooper Medical Center includes 15 physician clinics. Hilton Head Hospital includes the Bluffton Okatie Outpatient Center and 12 physician clinics. Coastal Carolina Hospital in Jasper County includes the Tidewatch Free-Standing Emergency Department in Bluffton, according to the news release.

Novant Health said continuity of care is a priority and appointments and procedures will continue as scheduled during the transition period.
“We are working closely with our new Novant Health team members to ensure a seamless transition for patients and team members,” Joel Taylor, market CEO of Hilton Head Regional Healthcare, said in the release. “We are eager to move forward together in support of our teams and know decisions will be made with our community’s needs at the forefront.”

“There’s a lot to be excited about when planning for our future,” Tyler Sherrill, CEO of East Cooper Medical Center, said in the release. “Novant Health is known for elevating clinician leadership to provide patients with a trusted health care experience through world-class technology, personal connections and convenient access to care.”

Tenet Health also owns a cluster of imaging centers and urgent care clinics in York, Rock Hill and Fort Mill, but those South Carolina properties were not part of the deal for the coastal hospitals.

“We understand that taking care of our patients starts with taking care of our people, so I’m delighted to join a leadership team that strives to not only be a healthc are provider of choice but also an employer of choice,” Ryan Lee, CEO of Coastal Carolina Hospital, said in the release. “I look forward to expanding the resources available to our team.”

Novant Health supports health and wellness programs in the community, including health education/screenings, community health workers and mobile cruisers. Each year, Novant Health provides hundreds of programs that serve patients, neighbors and some of their communities’ most vulnerable citizens, the company said in the release.

The Novant Health network consists of more than 1,900 physicians and more than 38,000 team members who provide care at more than 800 locations, the release said.

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