The three organizations have signed a memorandum of understanding to determine the viability of a partnership, according to The Kingstree News. Negotiations are underway for WRH and LCCH to join forces and then operate under the Palmetto Health umbrella.
Regarding the potential transaction, Palmetto Health told The Kingstree News the three organizations are working together to determine the viability of the partnership.
More articles on healthcare industry transactions:
7 recent hospital transactions and partnerships
CHS sells 10 medical office buildings for $163M
Hallmark Health System to join Wellforce Jan. 1
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