Duke Well being agrees to accumulate Lake Norman Medical Heart
US-based educational and healthcare system Duke Well being has agreed to accumulate Lake Norman Regional Medical Heart (LNRMC) and associated companies from associates of Group Well being Programs for about $280 million.
The acquisition is predicted to shut early subsequent yr and can give Duke Well being possession of the 123-bed acute care hospital in Mooresville, North Carolina.
LNRMC's companies embody 24-hour emergency care, supply, surgical procedure, cardiology, orthopedic care and an outpatient imaging middle.
Craig Albanese, CEO of Duke College Well being System (DUHS), stated, “We acknowledge that the healthcare panorama is altering.
“As we proceed to increase entry to care throughout the communities we serve, it’s also time to do extra and ship care to extra folks – in additional communities.
“We need to present entry to every part Duke Well being has to supply to the Lake Norman neighborhood.”
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Each events are at present within the early phases of transition planning to make sure uninterrupted affected person entry to clinics, suppliers and amenities.
Workers and neighborhood physicians at LNRMC are anticipated to proceed to offer care underneath the brand new group.
DUHS Senior Vice President and Chief Medical Officer Richard Shannon stated, “We all know that healthcare suppliers and workforce members are key to the success of any healthcare system.
“We’re dedicated to supporting LNRMC suppliers and workers of their mission to ship distinctive care and an distinctive affected person expertise.
“We are going to advance Duke Well being's mission by assembly the evolving well being wants of each neighborhood we serve in a compassionate, collaborative and cost-effective method.
Duke Well being stated it’s dedicated to bettering well being outcomes throughout the area and this acquisition aligns with the corporate's imaginative and prescient to advance medical care.
The acquisition is topic to customary regulatory approvals and different closing situations.
Healthcare administration consulting agency Kaufman Corridor served as unique monetary advisor to Duke Well being on this deal.
