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Peconic Bay Medical Center, North Shore-LIJ merger receives approval

The commissioner of health for New York has given final approval for Peconic Bay Medical Center in Riverhead, N.Y., to join Great Neck, N.Y.-based North Shore-LIJ Health System, according to a RiverheadLOCAL report.

PBMC announced its intention to merge with North Shore-LIJ March 27, and filed its application with the New York State Department of Health May 14.

In addition to receiving state approval, the Federal Trade Commission's 30-day review period of the deal has also concluded.

NorthShore-LIJ expects to complete the merger when PBMC's current contract with Stony Brook (N.Y.) University Hospital for the operation of its emergency and radiology departments expires in January 2016, according to the report.

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