Serious discussions among the hospitals are underway, and officials expect a decision within the next month, according to the report.
Valley General has been recording in the red over the past five years due to rising charity care, patient debt and declining reimbursement. A partnership could help the hospital’s financial situation as well as offer it more specialists, healthcare services, new medical equipment or hospital renovations, according to the report.
More Articles on Hospital Mergers:
Mercy, Patients First Health Care Complete Merger
Clifton-Fine Hospital in NY Denied Non-Profit Conversion Request, Explores Affiliation
Physicians at Abington Memorial Strongly Oppose Proposed Merger
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