Business Briefs

Cape Fear Valley buys Bladen hospital

Cape Fear Valley Health System on Monday finalized its purchase of Bladen County Hospital in Elizabethtown.

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FAYETTEVILLE, N.C. — Cape Fear Valley Health System on Monday finalized its purchase of Bladen County Hospital in Elizabethtown.

The deal was first announced in 2008, when Cape Fear Valley entered into a multi-year affiliation with Bladen County Hospital that allowed the health system the option of purchasing the hospital within five years.

Since then, Cape Fear Valley has invested $19 million in the Elizabethtown facility, including new digital mammography equipment, renovations to the labor and delivery area and a new hospital roof. The Fayetteville-based hospital system also recruited new doctors to Bladen County.

 Credits

Matthew Burns, Web Editor

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