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Geisinger, Lewistown Hospital Extend Merger Negotiations

Geisinger Health System in Danville, Pa., and Lewistown (Pa.) Hospital will aim to finalize their merger deal this June after both parties agreed to extend the original 90-day deadline, according to a Lewistown Sentinel report.

Geisinger and Lewistown originally signed a non-binding letter of intent this past December, with a goal of finalizing a definitive merger agreement by March 5.

Both organizations said they needed extra time to analyze the information and ensure they were in compliance with state and federal antitrust laws, according to the report. Pending approval by both boards and the Pennsylvania attorney general, the merger will be official July 1 after Geisinger and Lewistown sign the definitive merger agreement June 30.

More Articles on Hospital Mergers:

Continuum Health Partners, Mount Sinai in New York Pursue Merger
Fitch: Supreme Court Ruling Siding With FTC Negative for Investor-Owned Hospitals
Asante, Ashland Community Hospital in Oregon Near Merger

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