Sioux City, Iowa — The two main hospitals in Sioux City are on track to be owned by the same company in the near future.
According to a press release from MercyOne, UnityPoint Health and MercyOne Siouxland Medical Center have signed a letter of intent for UnityPoint Health to acquire MercyOne Siouxland Medical Center and its facilities, including the hospital, physician practices, and home care services. MercyOne officials say the decision reflects a thoughtful commitment on the part of these respected local medical communities to enhance access to high-quality healthcare for residents of Sioux City and surrounding communities.
Scott Kizer, President and Chief Executive Officer of UnityPoint Health says that as the healthcare landscape evolves across the Siouxland region and even nationally, “we continually evaluate opportunities to strengthen local healthcare in the communities we serve.” He says that as an integrated, not-for-profit health system, UnityPoint Health is deeply invested in preserving access to care “throughout all our communities; recruiting, retaining and developing the best possible healthcare workforce; and providing an exceptional experience to all our patients. We believe that local, community-led, not-for-profit healthcare is best for our Sioux City community, and that this acquisition will help support that mission.”
Bob Ritz, Chief Executive Officer of MercyOne says that UnityPoint and MercyOne have a shared goal to do what’s best for the Sioux City community. He says they strongly believe the best way to maintain access to care in Sioux City, to become sustainable long-term, and to ensure a smooth transition for patients and employees is for UnityPoint Health to acquire MercyOne Siouxland Medical Center. Ritz says the decision supports their commitment to being a compassionate and healing presence in their communities.
As outlined in the letter of intent, MercyOne would transfer to UnityPoint Health all entities including MercyOne Siouxland Medical Center, its medical group, and home care services. The acquisition is expected to be completed this summer, pending closing conditions.
