Under the letter of intent, Union Hospital and its affiliates will join LifeBridge Health and maintain representation on LifeBridge’s board of directors.
The agreement indicates the two organizations will enter into exclusive negotiations and due diligence. Officials do not expect to formulate a final agreement — which will require approval by the boards of both organizations and regulatory approval — for several months.
More articles on transactions and valuations:
Brown University med school professor: University’s plan to buy Care New England is a bad idea
Erlanger looks to acquire first hospital outside of Tennessee
8 recent hospital transactions and partnerships
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
