Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

NYU Langone, Continuum Health Merger Talks Collapse After Mount Sinai's Partnership Offer

Merger discussions between two of New York City's biggest hospitals systems — NYU Langone Medical Center and Continuum Health Partners — broke down abruptly after Continuum received a competing offer from another New York City-based hospital system, Mount Sinai Medical Center, according to a New York Times report.

Mount Sinai's offer comes only two weeks after the announcement of a potential merger between NYU and Continuum. NYU officials suggested, in a prepared statement, that Continuum had "betrayed" the negotiations of the last eight months and as a result, the system decided to suspend all further talks, according to the report. If Continuum were to approach NYU once again in the future, NYU would "make a determination at that time whether to re-engage with them," said the statement.

Whether Continuum chooses NYU Langone or Mount Sinai as a partner, the resulting health system would be one of the largest healthcare systems in the city.

More Articles on NYU Langone, Continuum Health Merger:

NYU Langone Medical Center, Continuum Health Partners Consider Merger

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Featured Webinars

Featured Whitepapers