Duke LifePoint JV inks Michigan deal
The joint venture between LifePoint Hospitals and Duke University has signed a non-binding agreement to take over a fifth hospital in a deal that would take the Brentwood-based company into Michigan for the first time. Duke LifePoint officials say their memorandum of understanding with the administrators of Marquette General Health System helps pave the way for a formal acquisition agreement later this spring. Marquette General Hospital, the flagship of MGHS, has 290 beds and posted a 2010 profit of about $7 million on revenues of $517 million.
- Interventional Radiology No Longer a Sub-Specialty
- NFP Hospitals' Revenue Growth at 'All-Time Low'
- Will More Pioneer ACOs Defect?
- Acute Kidney Injury Gets New Focus
- Evidence-Based Practice and Nursing Research: Avoiding Confusion
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- Transforming Cancer Care
- mHealth Tackles Readmissions
- CNO Leads $1M Charge for New Scrubs, Uniforms
- Proton Beam Therapy Poised for Growth in US