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

St. Joseph's Hospital Health Center, Lewis County General to Partner

St. Joseph's Hospital Health Center in Syracuse, N.Y., and Lewis County General Hospital in Lowville, N.Y., have agreed to enter exclusive negotiations for a potential affiliation, according to a Watertown Daily Times report.

Lewis County General received affiliation offers from five total organizations before choosing St. Joseph's, according to the report. Terms of the transaction with St. Joseph's were not disclosed.

Both parties will now work toward a definitive agreement, which is expected to take at least six months. The deal would also require regulatory approval.

Last October, St. Joseph's, a 431-bed independent hospital, ended affiliation discussions with Livonia, Mich.-based CHE Trinity Health for undisclosed reasons.

More Articles on Hospital Transactions:
Steward Health Care System to Merge Two Hospital Campuses
Partners HealthCare, South Shore Hospital Merger Postponed
CHS Agrees to $475M Munroe Regional Lease Deal

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars