Nashville, Tenn.-based HCA has pulled out of the pool to potentially merge with Salinas (Calif.) Valley Memorial Healthcare System, according to a Central Coast News report.
SVMH recently extended the deadline for potential partners to submit letters of intent. With HCA out of the mix, Salinas, Calif.-based Natividad Medical Center is the only potential partner left. According to the report, SVMH still expects a letter of intent from Natividad. SVMH will decide to either merge with Natividad or remain a standalone organization.
Competition for Salinas Valley Memorial Merger Narrows
Salinas Valley Memorial Board of Directors Meeting Ends Without Partner Decision
SVMH recently extended the deadline for potential partners to submit letters of intent. With HCA out of the mix, Salinas, Calif.-based Natividad Medical Center is the only potential partner left. According to the report, SVMH still expects a letter of intent from Natividad. SVMH will decide to either merge with Natividad or remain a standalone organization.
More Articles on SVMH Affiliation:
Salinas Valley Memorial Extends LOI Submission Deadline for HCA, Natividad Med CenterCompetition for Salinas Valley Memorial Merger Narrows
Salinas Valley Memorial Board of Directors Meeting Ends Without Partner Decision