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University Community Health, Adventist Health explore merger

Tampa Bay Business Journal, April 1, 2010

Adventist Health System and University Community Health have signed a non-binding letter of intent to explore a possible merger of the two Florida-based systems. The merger potentially could be completed this summer, pending completion of due diligence and any regulatory review, said Norm Stein, president and chief executive officer of UCH. The merger would give Adventist a big boost in market share in the Tampa Bay area, the Tampa Bay Business Journal reports.