Durham, N.C.-based Duke University Health System has completed its $284 million acquisition of Lake Norman Regional Medical Center and related businesses in Mooresville, N.C., from subsidiaries of Franklin, Tenn.-based Community Health Systems.
Duke finalized the acquisition April 1. The 123-bed acute care hospital will be renamed Duke Health Lake Norman Hospital, according to a Duke Health news release.
“This is an exciting day for Duke Health and the Lake Norman team,” DUHS CEO Craig Albanese, MD, said in the release. “We have a bright future ahead and look forward to bringing the excellence and innovation of Duke Health to enhance the care offered at Duke Health Lake Norman Hospital and clinics.”
Duke has extended employment offers to employees and providers as part of its integration plan to support the transition. The health system said it is also providing interim leadership amid the search for a new hospital president, and the hospital’s electronic medical records will be integrated into the Duke system in the coming months.
“We are so excited to be turning the page on the care provided at Lake Norman,” Randy Marion, chair of the Lake Norman Regional Medical Center board, said in the release. “The Mooresville community and Iredell County will greatly benefit from Duke Health’s vision for the future and commitment to delivering high-quality, patient-centered care.”
Duke signed a definitive agreement with CHS in early December for the acquisition. Duke has also recently partnered with Chapel Hill, N.C.-based UNC Health to build a comprehensive healthcare campus featuring the state’s first freestanding children’s hospital.
