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Tuomey acquisition funded by advance from $90 million taxable loan
By Caroline Salls
Pittsburgh, Jan. 29 – Tuomey Healthcare System and Tuomey Medical Professionals sold substantially all of their assets to a wholly owned subsidiary of Palmetto Health, according to a Palmetto Health news release.
The acquisition was funded by an advance from Palmetto Health, which obtained the funds from a $90 million taxable loan maturing in December 2018.
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