Richmond-based VCU Health System announced it is purchasing the 67-bed Riverside Tappahannock Hospital (RTH) and its related medical services from Riverside Health System. Financial terms of the transaction were not released. VCU Health System will acquire RTH and its related services, including diagnostics, physical therapy, Tappahannock Urgent Care, and Riverside Medical Group providers’ locations in the Northern Neck. Consumers in the region also will have access to VCU Health’s services, including clinical trials and medical specialists.
The two systems began their partnership in 2019 with a collaboration between RTH and the VCU Massey Cancer Center to improve cancer care in the region. Currently, RTH employees will remain employed by Riverside for at least 12 months after the change of ownership is complete.
Newport News-based Riverside Health System was founded in 1915 and sees approximately 2 million consumers annually. The health care system operates five acute-care hospitals, including RTH; one behavioral health hospital, and a physical rehabilitation hospital. Riverside Medical Group has more than 650 provider organizations in more than 100 practices.
VCU Health encompasses Virginia Commonwealth University’s health sciences academic programs, the VCU Massey Cancer Center and the VCU Health System, which includes the VCU Medical Center, Community Memorial Hospital, Children’s Hospital of Richmond at VCU, MCV Physicians, and Virginia Premier Health Plan.
This was reported by Virginia Business on March 10, 2020.
Contact information: VCU Medical Center Main Hospital, 1250 East Marshall Street, Richmond,Virginia 23219; 800-762-6161; Website: www.vcuhealth.org
Contact information: Riverside Tappahannock Hospital, 618 Hospital Road, Tappahannock, Virginia 22560; Website: www.riversideonline.com