The merger will allow both hospitals to share expertise and expand programs, such as radiation oncology, neonatology, women’s services, cardiac oncology and bariatric services.
Florida Medical Center lost $8.4 million in 2007 and had a 38 percent bed occupancy rate; North Shore Medical Center earned $5.5 million in 2007 and had a 47 percent bed occupancy rate, according to the report.
The merger of the hospitals will be effective June 1.
Read the South Florida Business Journal‘s report on Tenet’s merger of two Florida hospitals.
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