The merger between Lehigh Valley Health Network in Allentown, Pa., and Greater Hazleton (Pa.) Health Alliance has received the green light from regulatory officials.
The Federal Trade Commission, the office of Pennsylvania Attorney General Kathleen Kane and the Orphans' Court of Luzerne County approved the deal, which will become effective Jan. 1.
According to the merger agreement, LVHN will absorb Greater Hazleton and its entities, becoming the sole corporate organization. The 150-bed Hazleton (Pa.) General Hospital will be renamed Lehigh Valley Hospital-Hazleton. Financial details of the deal were not disclosed.
LVHN and Greater Hazleton signed an agreement to merge assets in April. LVHN now has four hospitals within its network. In October, LVHN and Westfield Hospital, also in Allentown, signed an asset purchase agreement. Under that deal, LVHN will buy Westfield Hospital for an undisclosed amount and convert it into an orthopedic center. LVHN will also acquire Westfield Surgery Center.
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