Easton Hospital was sold to Steward Health Care LLC, a physician-led health care company based in Boston, according to a statement released late this afternoon.
The 196-bed acute care teaching hospital was owned by the for-profit Community Health Systems of Franklin, Tenn.
The hospital, which is in Wilson, is among eight hospitals that are part of the sales agreement.
The terms of the deal were not disclosed.
A call to Easton Hospital for comment was not returned.
Steward Health Care said it will “offer employment to all active employees in good standing when the transaction is complete. Privileges will continue for all physicians in good standing on the medical staff.”
Steward Health operates a network of nine community hospitals in eastern Massachusetts, a medical group with more than 800 physicians and a health care network with more than 3,000 physicians.
CHS, which has had financial difficulties, acquired Easton Hospital for $118 million in 2001.
Easton Hospital has about 1,000 employees, including 294 physicians, according to its website. In November, it furloughed about 3 percent of its workforce
Easton Hospital CEO John Zidansek abruptly left in December after serving three years at the helm.