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Duke LifePoint acquires PA hospital system

Triangle Business Journal, March 25, 2014
Duke LifePoint Healthcare will acquire Conemaugh Health System in Pennsylvania and invest more than $500 million there in the next decade. Founded in 2011, Duke LifePoint is a joint venture of Duke University Health System and LifePoint Hospitals (Nasdaq: LPNT). The acquisition will include Conemaugh Health System's three hospitals, outpatient centers and Conemaugh Physician Group practices. Duke LifePoint has partnered or acquired other hospital systems in and around North Carolina. Conemaugh Health System is the largest healthcare provider in west central Pennsylvania, seeing more than a half-million patients each year through the Conemaugh Physician Group and Medical Staff, a network of hospitals, specialty clinics and patient focused programs.