New York City-based Montefiore Health System has signed a letter of intent to acquire Middletown, N.Y.-based Garnet Health, a three-hospital system serving more than 500,000 residents across New York’s mid-Hudson and Catskills regions. The proposed transaction would expand Montefiore’s presence in the Hudson Valley and strengthen Garnet Health’s clinical services, specialty care offerings and long-term sustainability. Montefiore, which operates 10 hospitals and more than 200 outpatient sites, described the deal as a natural fit.
Read the full article: Montefiore Plans to Acquire 3-Hospital System //
Source: https://www.beckershospitalreview.com/hospital-transactions-and-valuation/montefiore-plans-to-acquire-3-hospital-system/