Lodi Health to join Adventist

Lodi (Calif.) Health has signed a letter of intent to form an affiliation with Roseville, Calif.-based Adventist Health, according to a report from The Record.

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Adventist will provide Lodi Health with a financial boost and create a local advisory board to offer input on decisions, according to the report. Additionally, the affiliation will give Lodi Health access to a state-of-the-art EHR system.

The two healthcare organizations will now collaborate to reach a definitive agreement and have indicated the transaction will probably close in the first quarter of 2015, pending regulatory review, according to the report.

More articles on health system transactions:
Northwestern Memorial HealthCare, Cadence Health finalize merger
Hudson Valley Hospital to pursue partnership with NewYork-Presbyterian
9 considerations for boards of directors considering a hospital or health system affiliation

 

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