Duke Health has finalized its $284 million acquisition of Lake Norman Regional Medical Center (LNRMC) and related businesses in Mooresville, N.C., assuming operations on April 1. Duke’s acquisition of the 123-bed, acute-care hospital from subsidiaries of Community Health Systems, Inc., represents a significant expansion of Duke Health clinical services outside the greater Triangle area. “This is an exciting day for Duke Health and the Lake Norman team,” said Craig Albanese, chief executive officer of Duke University Health System (DUHS).
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Source: https://corporate.dukehealth.org/news/duke-health-completes-acquisition-lake-norman-regional-medical-center