Shannon finalizes acquisition of River Crest Hospital

Shannon finalizes acquisition of River Crest Hospital

SAN ANGELO, Texas (Concho Valley Homepage) — River Crest Hospital officially became part of the Shannon Health System on the morning of Sept. 17, concluding a months-long acquisition process. According to a Shannon representative, River Crest Hospital formally became Shannon River Crest Hospital at 12:01 a.m. Services provided by River Crest Hospital prior to its acquisition will still be continued. The representative also stated that now that t…

Shannon Hospital Faces Criticism During Tuesday's COPA Meeting

SAN ANGELO, TX — Shannon Medical Center held its annual public meeting regarding its Certificate of Public Advantage, or COPA, on Tuesday, Sept. 17, 2024. Shannon’s COPA has allowed it to operate as a monopoly health care provider in the San Angelo market since it purchased its only competitor, San Angelo Community Medical Center, in 2020. Each year, Shannon must apply for renewal of its COPA with the State of Texas, and it is required to hold a…