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Montefiore Medical Center to Acquire N.Y. Westchester Square Medical Center

Montefiore Medical Center in Bronx, N.Y., has reached an agreement to purchase New York Westchester Square Medical Center in the Bronx, according to a Bronx Times report.

Financial terms of the sale were not disclosed. However, Montefiore said it would provide ambulatory surgery and primary care services as well as a full-service emergency department, according to the report.

WSMC has been struggling financially under Chapter 11 bankruptcy protection, and this takeover could mean mass layoffs. According to the report, WSMC filed a Worker Adjustment and Retraining Notification with the Department of Labor, which is required under state law when mass layoffs occur.

More Articles on Hospital Sales:

City Approves Sale of Dolly Vinsant Memorial Hospital in Texas
HCA Completes Purchase of Thousand Oaks Surgical Hospital
Chilton Medical Center in Alabama Loses License, Seeks New Owner

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