Under the agreement, five physicians from the eight-member group will become employees at Lawrence Memorial. The physicians will continue their work at the practice, which was rebranded Reed Internal Medicine, according to the report.
Lawrence Memorial officials told the Journal-World Reed Medical physicians initially approached them about a potential acquisition.
More articles on transaction and valuations:
6 large-scale healthcare transactions awaiting regulatory approval
District board delays vote to terminate Huntsville Hospital management contract
Partners, Massachusetts Eye and Ear merger faces state scrutiny
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
