Throughout the next few months, the hospitals will be engaging in discussions with their communities, workforces, labor unions and physicians to work out the details of how they plan to combine their organizations.
They have been clinically affiliated since 2018.
“We are excited to take this next step with Maimonides to further strengthen services for New York Community Hospital’s surrounding communities,” said Barry Stern, CEO of New York Community Hospital. “We are looking forward to continuing to work together to ensure that Brooklyn residents have local access to outstanding care for years to come.”
Maimonides Medical Center is a 711-bed nonprofit provider. New York Community Hospital is a 134-bed nonprofit facility.
More articles on healthcare industry transactions:
Maryland hospital ceases inpatient care post-merger
6 hospitals investing in express care
Baylor Scott & White sells in-house construction division
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.