The deal is intended to increase the hospital’s ability to provide high quality, comprehensive healthcare services to its patients, share best practices and upgrade technology and information systems, according to the release.
The 176-bed hospital is poised to open a new, $275 million facility later this year, according to a report by the Virginian-Pilot. The groups will spend the next six months on due diligence and seeking regulatory approval.
Martha Jefferson Hospital President and CEO Jim Haden said in the release the merger came about because the hospital “determined we would be in a stronger position to continue delivering on our mission of improving the health status of our community by joining an integrated system.”
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