Refinancing bonds could save combined GHS-Palmetto Health $100 million

Greenville Health System officials say the new integrated health system created to oversee a new partnership between GHS and Palmetto Health could save between $80 million and $100 million if it is allowed to refinance a combined $1.5 billion in debt.

Come Together: The pros and cons of big hospital mergers

Across the country, hospitals are turning to mergers, affiliations, and partnerships to navigate the changing health care landscape. In fact, it’s happening right here at home, with the Greenville Health System (GHS) announcing they’re joining forces with the Midlands-based Palmetto Health.