The University of Pittsburgh Medical Center and Washington Health System moved a step closer to completing their merger plan. The nonprofit health systems signed a definitive agreement last week, according to an Oct. 23 regulatory filing. Under the member-substitution agreement, UPMC would appoint one-third of the Washington Health board to the system board. The two-hospital system based in Washington, Pennsylvania, with 2,000 employees, would be renamed UPMC Washington.
Read the full article: UPMC, Washington Health System Sign Definitive Merger Agreement //
Source: https://www.modernhealthcare.com/mergers-acquisitions/upmc-washington-health-system-merger-definitive-agreement