Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

Abington Health, Jefferson Health sign letter of intent to merge

Abington (Pa.) Health and Philadelphia-based Jefferson Health have taken one step closer to merging by signing a letter of intent.

In late September, Abington and Jefferson announced they would enter into a 30-day exploratory period. The board members and executive teams from both organizations have now decided to move forward with the transaction.

Abington and Jefferson expect to enter into a definitive agreement in 120 days and finalize the transaction later in 2015.

"The merger of Abington and Jefferson is a bold step forward for patient care, wellness, and educating future healthcare providers," said Laurence Merlis, president and CEO of Abington.

More articles on healthcare industry transactions:

Lancaster General Health, UPenn Health System exploring stronger ties
Mercy Health System, Rockford Health System to merge

 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars