Nobilis Healthcare plans to acquire Victory Healthcare Houston Hospital, according to a Benzinga report. Here are three things to know about the transaction.
1. Victory Healthcare Houston Hospital is a 25-bed, six-operating room surgical hospital.
2. Nobilis entered into an agreement to acquire a majority stake in the surgical hospital. Nobilis will pay $1.5 million in cash considerations and assume capital leases, for an approximate total of $2.4 million.
3. Additionally, Nobilis will extend credit to the hospital, according to the report.