Portage Health Hospital Joins LifePoint
MARQUETTE, MI – (Great Lakes Radio News) – Portage Health Hospital in Hancock and LifePoint Hospitals have announced the signing of a definitive agreement to form a joint venture.
The Portage Health Board recently signed the agreement, that includes $60 million in capital investments over the next 10 years. Under the agreement, Portage Health and LifePoint would jointly own and operate Portage Health with LifePoint owning 80 percent and Portage Health owning 20 percent.
Officials say the agreement would allow Portage Health to expand and enhance services. The agreement is subject to review by the Michigan Attorney General’s office.
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