Universal Health Services Inc., operator of the Valley Health System in Southern Nevada, has purchased Desert View Hospital in Pahrump, the company announced Tuesday.
Hospital spokeswoman Gretchen Papez confirmed the move came as the facility’s CEO, Kelly Adams, exited his position. The Pahrump Valley Times first reported that Adams’ departure coincided with the sale.
The 25-bed, 72,650- square-foot Desert View Hospital, which was operated by Rural Health Group, marks its 10-year anniversary this year, according to its website.
“Given the growing need for healthcare services in this area, we believe that UHS has the clinical, operational and capital capabilities to further expand and take this hospital to the next level,” Ken Richens, Rural Health Group executive vice president, said in a news release.
The cost of the transaction has not been made public.
Papez said the hospital has named associate administrator Jessica Hensler as interim administrator. Susan Davila, the hospital’s CEO from 2007 to 2010, will return to her former position in mid-September.
The purchase of the Pahrump hospital comes about two months before the scheduled debut of Henderson Hospital, a UHS facility that will anchor integrated health complex Union Village in Henderson.
“This acquisition reflects our focused efforts to invest and expand in our existing markets, and will complement the opening of our newest hospital in Henderson, Nevada later this year,” Universal Health Services Chief Executive Officer Alan B. Miller said in a statement.
Universal Health Services shares reached a five-day low of $120.16 Wednesday morning, rebounding slightly by the afternoon to close at $120.84.
The company already operates Northern Nevada Medical Center in Sparks and five operational acute care hospitals in Southern Nevada: Summerlin Hospital Medical Center, Spring Valley Hospital Medical Center, Desert Springs Hospital Medical Center, Centennial Hills Hospital Medical Center and Valley Hospital Medical Center.