The Business Council of Westchester has confirmed the hospital acknowledged the potential transaction earlier this week, according to the report. The proposed partnership is still subject to regulatory approvals.
The deal would further expand NewYork-Presbyterian’s presence in Westchester County. In July, NewYork-Presbyterian and Bronxville, N.Y.-based Lawrence Hospital announced a partnership aimed at enhancing care, improving access and lowering healthcare costs for residents of Bronxville and surrounding counties in Westchester County. Lawrence Hospital has been renamed NewYork-Presbyterian/Lawrence Hospital.
More articles on hospital transactions:
9 considerations for boards of directors considering a hospital or health system affiliation
Cleveland Clinic finalizes Akron General minority ownership deal
Memorial Hospital to join Stratus Healthcare
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.