Bellingham, Wash.,-based North Cascade Cardiology has started negotiations for purchase by PeaceHealth St. Joseph Medical Center, according to a Bellingham Herald report.
The potential affiliation was not brought on by financial difficulties, said North Cascade CEO Jerry Marschke, and both groups plan to continue a close working relationship beneficial to Whatcom County, according to the report.
North Cascade is comprised of 13 physicians, three nurse practitioners and 106 staff members, according to the report.
If both sides reach an agreement the acquisition will go into effect April 1, 2011.
Read the Bellingham Herald report on the North Cascade Cardiology acquisition.
Read more coverage on hospital acquisitions of medical practices:
- North Carolina Family Practice Clinic Joins High Point Regional Hospital
- New York's St. Joseph's Hospital Acquires Internal Medicine Practice
- Two Washington State Cardiology Groups Merge With Providence Health & Services
The potential affiliation was not brought on by financial difficulties, said North Cascade CEO Jerry Marschke, and both groups plan to continue a close working relationship beneficial to Whatcom County, according to the report.
North Cascade is comprised of 13 physicians, three nurse practitioners and 106 staff members, according to the report.
If both sides reach an agreement the acquisition will go into effect April 1, 2011.
Read the Bellingham Herald report on the North Cascade Cardiology acquisition.
Read more coverage on hospital acquisitions of medical practices:
- North Carolina Family Practice Clinic Joins High Point Regional Hospital
- New York's St. Joseph's Hospital Acquires Internal Medicine Practice
- Two Washington State Cardiology Groups Merge With Providence Health & Services