Healthcare DIVE June 3, 2024
Proponents said the deal was key to keeping the small health system afloat, but union leaders had pushed back against the purchase.
Dive Brief:
- The University of Pittsburgh Medical Center has completed its acquisition of two-hospital Washington Health System, a year after the Pennsylvania-based providers revealed plans to combine.
- UPMC, one of the state’s largest healthcare networks with 100,000 employees, said it will invest at least $300 million over 10 years to improve clinical services and upgrade facilities at the hospitals, now renamed UPMC Washington and UPMC Greene.
- Federal regulators didn’t move to stop the purchase, and the Pennsylvania attorney general said she reached an agreement with UPMC that aimed to preserve access to affordable care.
Dive...
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