City councilors and the steering committee for Virginia (Minn.) Regional Medical Center have voted in favor of a merger with Duluth, Minn.-based Essentia Health, according to a Fox 21 News report.
Under the proposed plan, the city will enter into a 20-year lease agreement with Essentia, which would also invest roughly $17 million to improve the VRMC facility.
The hospital’s appointed steering committee and Essentia officials will begin negotiating an agreement in the next few weeks.
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University Hospital May Reduce Charity Care if Kentucky Merger Fails
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