Massena Memorial Hospital CEO Robert Wolleben previously said the board would discuss the issue at the board meeting Feb. 21 and potentially reach a decision.
Officials narrowed down the list of interested parties from 17 health systems to two in December. Mr. Wolleben previously revealed to the Watertown Daily Times, “one health system is [located] on the western part of the state and one is on the eastern part of the state.”
Officials must select an affiliate as part of the hospital’s quest to become a nonprofit facility. The hospital began considering potential partners in July 2016.
More articles on transactions and valuations:
KVC Health Systems to take over management at WVU’s tech campus
Boston Medical Center to operate emergency services at local mental health center
2 HCA-owned hospitals rebranded as Good Samaritan Health System
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