The University of Pennsylvania Health System received the final regulatory approval for its acquisition of Bucks County’s Doylestown Health and plans to complete the deal next week, Penn announced Thursday. The deal is scheduled for completion Tuesday after clearing reviews by the Pennsylvania Attorney General’s Office and the Federal Trade Commission. The 245-bed Doylestown Hospital will be Penn’s seventh and expand the nonprofit’s reach in an area of the Philadelphia region that is seeing increased competition from large systems.
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Source: https://www.msn.com/en-us/money/companies/penn-medicine-has-received-final-regulatory-approval-for-doylestown-health-acquisition/ar-AA1BN5q3