Novant, UVA Health in talks to create new system in Virginia

Winston-Salem, N.C.-based Novant Health and University of Virginia Health System, based in Charlottesville, have signed a non-binding letter of intent to create a new regional health system in Northern Virginia.

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As part of the proposed deal, the organizations are discussing plans to create a joint operating company for UVA Culpeper Hospital and all of Novant’s facilities in Virginia by June 30.

“Through this new regional health system, patients will be able to connect with the expertise UVA provides as an academic medical center, including subspecialty care and potential breakthrough treatments through clinical trials, while benefitting from Novant Health’s experience with increasing access to care when and where patients need it,” said Carl S. Armato, president and CEO of Novant.

The organizations expect to announce the final details of the partnership deal in July.

More articles on healthcare industry transactions:

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