Becker's Healthcare July 26, 2024
Doylestown (Pa.) Health is meeting certain financial goals that will clear the way for a definitive agreement to merge with the University of Pennsylvania Health System, according to the Philadelphia Business Journal.
The two systems signed a nonbinding letter of intent in January to explore if Doylestown will become part of Penn Medicine, a six-hospital system.
The proposed deal would lay the foundation for the development of new clinical programs and expanded services across the greater Philadelphia region. It would also build upon existing clinical integration in cancer care between the two systems.
Doylestown must hit certain financial targets laid out by the two health systems for the proposed merger to move forward.
“We needed to continue...
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