The HHC Board of Directors officially approved the affiliation agreement August 5.
CHH officials began searching for a strategic affiliate in 2014. After considering multiple organizations, the board concluded that HHC most closely matched with the hospital’s initiatives to cultivate a “patient-focused vision and culture.”
If approved, CHH will constitute the center of a new Northwest Region for HHC, according to HHC officials.
More articles on transactions and valuations:
26 hospital transactions and partnerships in July
Ascension launches Ascension Holdings International
New York-Presbyterian buys space in Manhattan to merge office operations
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