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Children's National, HSC Health Care to combine

HSC Health Care System and Children's National Health System have signed a definitive agreement to combine the two Washington, D.C.-based systems.

HSC and Children's National began partnership talks last year and signed a letter of intent in October. The two health systems, which have a combined 285 years of pediatric experience, expect the transaction to close later this year.

In a May 28 press release, HSC Health Care System President and CEO Nathaniel Beers, MD, shared some of the goals of the transaction.

"The patients and families we serve routinely navigate a complex system with a multitude of specialists and services required for their care," he said. "Together, we know we can make it easier for them to access care. Ultimately, our goal is to improve the quality of life for our patients and their families."

More articles on healthcare industry transactions:

UCSF ends talks to deepen ties with Dignity Health
Mass General to acquire second New Hampshire hospital
CHS continues hospital sell-off spree with deal in Texas

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