UNC President Tom Ross issued a statement explaining his decision. According to the report, he said, “In this uncertain healthcare environment, it is critically important that we maintain a long-term vision for the UNC Health Care System that extends beyond the current budget crisis. I do not believe that divesting UNC Health Care of Rex in order to generate one-time revenue for the state is in the long-term best interests of the people of North Carolina, and it would damage our ability to fully carry out our mission.”
Mr. Ross said UNC Health Care’s three-part mission includes providing high-quality medical care to all North Carolina citizens, conducting cutting-edge research that improves treatment and care and educating the next generation of physicians.
Read the Charlotte Observer report on UNC’s rejection of WakeMed’s offer to purchase Rex Healthcare.
Related Articles on Rex Healthcare:
North Carolina’s WakeMed Offers $750M for Rex Healthcare
Three North Carolina Health Systems File CONs in Battle for Hospital Beds
North Carolina’s Novant Health Joins Rex Healthcare, WakeMed in Fight to Expand in Wake County
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.