Kennedy Health will serve as the southern New Jersey core of Jefferson Health. The deal marks the first time a Philadelphia health system has merged with a southern New Jersey health system, Jefferson Health officials said.
The institutions announced the transaction in January 2016. The organizations signed a definitive agreement to merge last August.
More articles on transactions and valuations:
Ardent Health, U of Texas joint venture to acquire proposed 10-hospital system
RCCH HealthCare, U of Washington Medicine in talks to partner with Washington health system
New York hospital to merge with University of Vermont Health Network affiliate
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