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Cases & Deals

March 1, 2018

The University of Texas Health Science Center at Tyler and Ardent Health Services Form New Ten-Hospital Health System


King & Spalding represented The University of Texas System and The University of Texas Health Science Center at Tyler (UTHSCT) in a business venture with Ardent Health Services, a for-profit entity, to form the new ten-hospital health system, UT Health East Texas. As part of the transaction, Ardent Health Services acquired substantially all of the assets of the financially distressed East Texas Medical Center Regional Healthcare System, and the acquired assets, along with the clinical operations of UTHSCT, became part of the UT Health East Texas operations. UTHSCT and UT Health East Texas also entered into an Academic Affiliation Agreement as part of the transaction.