Merger discussions between Loris (S.C.) Healthcare and McLeod Health, based in Florence, S.C., have been put on hold for the time being, according to a North Myrtle Beach Times report.
Since Loris is a state-established hospital system, it must get approval from the public before completing a merger.
State Rep. Tracy Edge has drafted legislation that would make it easier for smaller hospitals in the state to merge or expand. The legislation passed the House 109-0 but was held up in the Senate. The current legislative session is slated to end this week, leading to a delay.
Officials have said Loris is not in a dire financial situation, but needs the opportunity to merge or partner to continue proving high-quality care.
Read the North Myrtle Beach Times report on Loris Healthcare and McLeod Health.
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Since Loris is a state-established hospital system, it must get approval from the public before completing a merger.
State Rep. Tracy Edge has drafted legislation that would make it easier for smaller hospitals in the state to merge or expand. The legislation passed the House 109-0 but was held up in the Senate. The current legislative session is slated to end this week, leading to a delay.
Officials have said Loris is not in a dire financial situation, but needs the opportunity to merge or partner to continue proving high-quality care.
Read the North Myrtle Beach Times report on Loris Healthcare and McLeod Health.
Related Articles on Hospital Mergers:
FTC Approves Merger Between New York's St. Peter's, Northeast Health and Seton Health
Southwest Washington Medical Center and PeaceHealth Complete Merger
Local Leaders Propose Merger Between California's San Leandro and St. Rose Hospitals