Here are five things to know about the deal.
1. Under the deal, UNC would provide legal, clinical and other professional consulting and management services, according to the report.
2. The deal won’t involve any sale or exchange of assets, UNC and Wayne Memorial said, according to the report.
3. Furthermore, Wayne Memorial’s board will maintain local control and no layoffs are expected at Wayne Memorial as a result of the deal.
4. UNC and Wayne Memorial expect to sign a management deal in the near future.
5. Once the deal is complete, Wayne Memorial will be the ninth hospital for UNC to own or manage.
More articles on healthcare transactions and partnerships:
Johnson Memorial Health to be official healthcare provider for local schools: 5 things to know
Claxton-Hepburn, River Hospital to affiliate: 7 things to know
12 recent hospital transactions and partnerships
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit