Bellin-DCHS agreement moves forward
IRON MOUNTAIN — A public hearing will be held later this month on Bellin Health’s planned acquisition of Dickinson County Healthcare System, following DCHS’s approval Tuesday of an asset purchase agreement.
“While a substantial amount of work remains to be completed before the deal is closed, we are hopeful that the effort will move forward,” said George Kerwin, Bellin Health president and CEO. “Both of our organizations have a commitment to providing the best health care we can for our community.”
A public hearing and county board action on the asset purchase agreement are expected to occur later this month, DCHS said in a press release. It’s anticipated that a closing date for the acquisition will be in late June or early July, officials said.
Henry Wender, county board chairman, said the hearing is tentatively scheduled for 7 p.m. March 26.
“We are happy to have reached this stage in the process with Bellin, and we look forward to continuing to work together on details and areas that must be covered in order to complete the closing,” said John Schon, administrator and CEO of DCHS. “While both systems will benefit from the integration, the greatest beneficiaries will be our community.”
Bellin, a non-profit health corporation based in Green Bay, Wis., announced plans in early December to acquire financially troubled DCHS by summer.