St. Luke’s Hospital announced earlier this month that it has signed a definitive agreement to acquire Des Peres Hospital from Tenet Healthcare.
In an interview with West Newsmagazine, St. Luke’s President and CEO Christine Candio said the hospital is setting up a closing date and expects the purchase to be finalized in the next couple months.
She said the purchase of Des Peres Hospital, a 143-bed acute care facility, will allow St. Luke’s to strengthen the care it provides while also growing its presence in the region.
The Chesterfield hospital always is looking at opportunities to expand its reach into other communities, Candio said, adding that making the move to purchase Des Peres Hospital made sense for St. Luke’s.
“Once we own and operate Des Peres Hospital, in addition to our acute care hospital in Chesterfield and our outpatient facilities across the Greater St. Louis area, we really believe this is going to be a win for everyone,” she said.
Des Peres Hospital opened in 1974 and has changed names and ownership multiple times in the past four decades. The hospital’s specialty areas include cardiology, joint replacement, back and neck surgery, urology and weight loss surgery, according to spokesperson Simone Valle.
Candio said St. Luke’s went through a due diligence process for several months, beginning in October, related to the acquisition. She said she expects the merger of the two healthcare facilities to go smoothly and that the services provided will complement each in a way that bolsters St. Luke’s commitment to care.
“So it really will be a win-win for everyone and we do feel that [with] the two organizations, there will be a number of different synergies once we acquire Des Peres and [begin] working together and pulling upon and capitalizing on each other’s strengths,” Candio said.
While both are situated in West St. Louis County and located only about 8 miles apart, Candio said the acquisition will give St. Luke’s a foothold in areas that it has not strongly reached. Since the acquisition isn’t finalized yet, Candio said she could not get into specifics regarding any plans for Des Peres Hospital.
One thing is certain, the purchase by St. Luke’s Hospital starts a new chapter for the Des Peres Hospital. The facility, located along Dougherty Ferry Road near Interstate 270, opened in the 1970s as a South County location for Normandy Osteopathic Hospital. It was named Metropolitan Medical Center in 1989 and changed its name again in 1991 to Deaconess West Hospital when it became affiliated with Deaconess Health System. Its ownership changed again in 1997 when it was acquired by Tenet Healthcare. The facility switched to its current name of Des Peres Hospital in 1999.
Des Peres Hospital was the last hospital in the area owned by Tenet. The Dallas-based healthcare company previously owned Saint Louis University Hospital but sold the facility in 2015. Saint Louis University Hospital now is owned by SSM Health.