With a focus on signing a letter of intent, the three organizations will engage in a due diligence process over the next several months to develop the terms of their partnership agreement, according to the report.
Although partnership plans have advanced, a spokesperson from CarolinaEast told the Sun Journal, it will be several months before any definite plans on how the organizations would work together is announced.
More articles on healthcare industry transactions:
Blue Shield of California to enter Medicaid market with purchase of Care1st Health Plan
Merger between Catholic Health, Mount St. Mary’s Hospital receives go-ahead
HCA in ‘preliminary’ talks with East Jefferson General Hospital
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