The agreement, approved by both boards of directors, will help Grafton City Hospital improve financial operations through Mon Health’s business support and purchasing power.
The organizations will remain independent.
“The national health care economy is posing significant challenges to many community hospitals,” said David Goldberg, president and CEO of Mon Health System. “Mon Health is proud to live up to its not-for-profit mission and its legacy by stepping up to help maintain healthcare choice in the Grafton community.”
More articles on healthcare industry transactions:
Lehigh Valley Health to acquire Coordinated Health
Maryland hospitals merge, unveil name for combined system
6 hospital mergers called off in past year
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
