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.

Advertisement

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

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Register to Attend Webinar

From fragmentation to operational flow: Solving the healthcare workforce puzzle

Tuesday, August 11
1:00 PM - 2:00 PM CDT

Presenters: Dr. Pat Hunt, QGendaAndrea Daugherty, MHA, CISSP, CHCIO, CDH-E, Arrowhead Regional Medical CenterElizabeth Lindsay-Wood, MBA, CHCIO, CDH-E, Moffitt Cancer CenterDeb Muro, El Camino HealthJohn Tejeda, D.H.A., MLS, MPAS, DFAAPA, LSSBB, FACHE, Vascular and Neuroscience Institute

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.