Longview hospital to be acquired, resolves debtLongview hospital to be acquired, resolves debthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=136682016-06-27T05:00:00Z2016-06-27T17:00:00Z

​​LONGVIEW - For 81 years, the Longview hospital that's grown into Good Shepherd Health System has been a guiding force in East Texas health care.

It's done so mostly with a not-for-profit, independent spirit—though in recent years it's struggled with debt and procedural problems.

That appears to be changing.

Good Shepherd President and CEO Steve Altmiller announced an agreement has been reached for the health system to be acquired by Duke LifePoint Health care. 

The deal will wipe away Good Shepherd's mounting debt, pay for needed facility and technology improvements and strengthen the system's position for the future.

Good Shepherd employs 3,100 people throughout its health system. 

Tens of thousands of patients and clients use Good Shepherd emergency, inpatient, outpatient and wellness services each year, not to mention ambulatory services it helps support. 

Good Shepherd’s properties are appraised at more than $17 million in Gregg County alone.​

Longview News Journal
https://www.news-journal.com/news/2016/jun/26/good-shepherd-ceo-deal-will-continue-indigent-care/Read more at the {Source}

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