UAB’s $450 million acquisition of Birmingham’s first hospital will soon be finalized

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UAB St. Vincents Notícia

UAB,St. Vincent's,@River-Birmingham

The acquisition process began in June. UAB Health is seeking $680 million in financing to complete the deal by Friday, Nov. 1

An elaborate chapel on the main level of St. Vincent's Hospital features a giant crucifix hanging in a cross-shaped marble opening. The chapel is filled with stained-glass windows depicting the Beatitudes. Friday Nov. 1 marks the official date of the acquisition -- pending final approval, according to a special University of Alabama System board of trustees meeting Monday.

He said the acquisition “will enhance patients’ access to a larger network that will create exciting opportunities for our teachers.”

 

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