Munson Healthcare is ready to acquire two more hospitals. The Traverse City-based system has signed a letter of intent to purchase Mercy Hospital Grayling and Mercy Hospital Cadillac.
The hospitals are now owned by CHE Trinity Health, a Catholic system with hospitals in 20 states and many in southern Michigan. Both have had a shared management arrangement with Munson for more than a decade.
Ed Ness, president and CEO of Munson Healthcare, says the move makes sense since the nearest Trinity Hospitals are in Muskegon and Grand Rapids.