A partnership between the organizations would seek to build upon existing physician relations, increase clinical collaboration and expand programs to better meet patient needs, according to the report.
The decision to explore a partnership signals the beginning of due diligence. Once a thorough review of both organizations’ finances and operations is complete, a final decision on the partnership will be made.
More Articles on New Jersey Hospital Transactions:
Massachusetts’ Cooley Dickinson Hospital Has Two Suitors for Merger
New Forces Driving Healthcare Mergers and Acquisitions
High Point Regional in North Carolina Searches for Strategic Partner
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