The systems entered a clinical affiliation in February 2018. Over the next few months they will engage in further due diligence and research to reach a definitive merger agreement.
A merger would “allow WMHS to maintain clinical excellence in western Maryland and throughout the region for years to come,” said Barry Ronan, president and CEO of the Maryland health system. “Since we became clinically affiliated with UPMC in 2018, we have a stronger clinical and operational position, allowing a broad range of nationally recognized care here locally for the people of Allegany County and surrounding counties in Maryland, Pennsylvania and West Virginia.”
More articles on healthcare transactions:
Sparrow Health System, Michigan Medicine sign affiliation agreement
Henry Ford CEO suspends Wayne State affiliation talks
Merger will save Connecticut hospital, lawmakers say
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.