Caldwell Memorial Hospital Merges With UNC Health Care

Chapel Hill, N.C.-based UNC Health Care System announced it has completed a merger with Caldwell Memorial Hospital based in Lenoir, N.C., effective May 1.

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The merger agreement was announced in November, under which UNC would become the sole owner of the hospital, invest $35 million for capital improvements over five years, contribute $4 million to the CMH Foundation and maintain current management, staffing, services and local governance.

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