RWJBarnabas and 554-bed Trinitas Regional signed the definitive agreement after entering into a letter of intent in October 2019 to explore a potential transaction.
“We are excited that Trinitas Regional Medical Center and its affiliates will become a part of RWJBarnabas Health,” RWJBarnabas Health President and CEO Barry H. Ostrowsky said in a news release. “Trinitas is a vital resource to the communities it serves, and we intend to greatly expand its excellent care to residents of new communities in northern and central New Jersey.”
Trinitas Regional will be the 15th acute care hospital in RWJBarnabas’ system. The system also includes a pediatric rehabilitation hospital.
More articles on healthcare industry transactions:
2 Arizona hospitals join Dignity Health
New Hampshire health system to auction off hospitals
Penn Highlands Healthcare grows to 6 hospitals
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