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Mercy Health System of Maine, Eastern Maine Healthcare Systems Sign Letter of Intent

Mercy Health System of Maine in Portland and Eastern Maine Healthcare Systems in Brewer have entered into a non-binding letter of intent for Eastern Maine to acquire Mercy Health.

If approved, the deal would create a health delivery system that covers half of Maine's population. Regulatory and canonical approval will be sought immediately as the parties begin due diligence toward a definitive agreement.

Mercy Health and EMHS' announcement coincides with the dissolution of a potential deal between Mercy Health and Boston-based Steward Health Care.

More Articles on Hospital Transactions:

City Approves Sale of Dolly Vinsant Memorial Hospital in Texas
Prime Healthcare Services, Saint Michael's Medical Center Sign Letter of Intent
LSU Health Hospital Pursues Partnership Following Mass Budget Cuts

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