(ST. JOSEPH) Mosaic Life Care announced Tuesday that it will part ways with six of its clinics in Kansas City.
The hospital entered into an agreement to sell its clinics to Saint Luke's Health System.
"These transactions are a win for Mosaic Life Care, a win for Saint Luke's, and most importantly, a win for our patients," said Mosaic Life Care CEO Mark Laney. "Saint Luke's is a trusted provider with an excellent reputation and comprehensive capabilities. The integration of health clinics and a hospital system just makes a great deal of sense -- financially, but more importantly, for the best patient experience."
Mosaic entered the Kansas City market in 2012 building state-of-the-art clinics.
The agreement means Saint Luke's will acquire Mosaic Life Care clinics in Platte City, Parkville, Smithville, Burlington, Highland Plaza, and Shoal Creek.
Mosaic will continue to operate its clinics in Excelsior Springs and Kearney.
Approximately 200 employees work at the clinics. The transition is not expected to impact them or patients. Financial details of the agreement were not disclosed.
The change of ownership is expected to be complete by the end of April 2018.
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