Novant Health, based in Winston-Salem, N.C., will collaborate with Cape Fear Valley Health System in Fayetteville, N.C., to reduce expenses and improve patient care.
Both Novant and Cape Fear Valley will remain independent and retain local ownership and governance. The partnership is more of a strategic plan to keep healthcare costs down in their areas and share resources when possible. Novant has 13 acute-care hospitals with more than 2,700 beds, and Cape Fear Valley has five hospitals with a cumulative 781 beds.
Novant announced a similar collaboration with Memorial University Medical Center in Savannah, Ga., this past summer.
Both Novant and Cape Fear Valley will remain independent and retain local ownership and governance. The partnership is more of a strategic plan to keep healthcare costs down in their areas and share resources when possible. Novant has 13 acute-care hospitals with more than 2,700 beds, and Cape Fear Valley has five hospitals with a cumulative 781 beds.
Novant announced a similar collaboration with Memorial University Medical Center in Savannah, Ga., this past summer.
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