Year in Review 2019: The urge to merge still strong for health systems

Merger and acquisition activity among hospitals and health system was alive and well in 2019 with two deals completed and two more edging closer to becoming finalized. The biggest acquisition in terms of size occurred in South Jersey where Virtua acquired Lourdes Health System, parent company for Our Lady of Lourdes Medical Center in Camden and Lourdes Medical Center of Burlington County in Willingboro. The sale occurred despite objections from Deborah Heart and Lung Center. The $40 million deal…
Source: bizjournals.com Health Care:Pharmaceuticals headlines - Category: Pharmaceuticals Authors: Source Type: news