Sponsored by VMG Health | gregk@vmghealth.com | 214.369.4888

Cone Health to Complete Merger With New Management Before 2013

Share on Facebook
Greensboro, N.C.-based Cone Health may complete a merger with Burlington, N.C.-based Alamance Regional Medical Center while also finalizing a new management agreement with Charlotte, N.C.-based Carolinas Healthcare System before the year ends, according to The Business Journal.

The 30-day federal regulatory review of Cone Health's proposed acquisition of Alamance Regional Medical Center began this week, according to the report. Cone Health and Alamance Regional approved a deal to merge last December.

In addition, Carolinas Healthcare is preparing to take over management of Cone Health Oct. 1. Carolinas Healthcare entered into a management services agreement with Cone Health in June.

More Articles on Hospital Transactions:

Steward Health Care Receives Extension on Landmark Deal Deadline Again
Prime Healthcare to Buy Lower Bucks Hospital in Pennsylvania
Novant Health, Memorial Health University Medical Center in Georgia to Partner

© Copyright ASC COMMUNICATIONS 2014. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

New from Becker's Hospital Review

UC Irvine Health, Corona Regional Medical Center form affiliation

Read Now