Colorado's Longmont Hospital and Poudre Valley Health Explore Joint Venture

Longmont (Colo.) United Hospital and Fort Collins, Colo.-based Poudre Valley Health System are in contract negotiations to partner on a joint venture medical facility in Frederick, Colo., according to a report by the Boulder County Business Report.

While specific details on the facility have not been released, Longmont's CEO said the partnership will likely be an 50-50 joint venture, according to the report.

Longmont purchased the land where the facility would be located in November for $7.19 million, according to the report.

Read the Boulder County Business Report article on the Longmont and Poudre Valley joint venture.



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