The health system is currently negotiating with two unnamed organizations and plans to complete the merger within three months. The merger will allow Prince William to expand and modernize its facilities, according to the report.
Less than a year ago, Inova Health System abandoned a deal to merge with Prince William citing a legal challenge from the Federal Trade Commission.
Read The Washington Post‘s report on Prince William’s merger.
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.