Novant Health is one step closer to sealing a $4.5-billion deal to purchase a Wilmington hospital system, beating out Charlotte rival Atrium Health for a crucial recommendation in the hospital bidding war. The recommendation comes from the Wilmington hospital system’s advisory group, in a unanimous vote Thursday to support Novant’s bid. The deal would follow other moves toward hospital consolidation across North Carolina and the country. In 2018, Charlotte-based Atrium Health announced plans to combine with Macon, Georgia-based Navicent Health. New Hanover Regional Medical Center is a county-owned health system. The Novant bid includes an offer to purchase the health system from the county for $2 billion, according to the Wilmington hospital.
Read the full article: Novant Beats Out Atrium, Moves Closer to $4.5B Deal to Buy NC Hospital System //
Source: https://www.charlotteobserver.com/news/business/article244024907.html