The healthcare industry in New Jersey is growing more and more as time goes on. The state of New Jersey will soon have the fourth largest healthcare chain in a state in which merger have become routine business. Cooper University Health will acquire three Catholic hospitals in Central and South Jersey. These hospitals include Our Lady of Lourdes Medical Center in Camden, Lourdes Medical Center in Burlington in Willingboro, and St. Francis Medical Center in Trenton. The merger will create a $2 entity that will stretch from Mercer to the Atlantic counties.
Cooper Board Chairman George Norcross said the planned acquisition will create a $2 billion entity stretching from Mercer to Atlantic counties, employing 12,000, not including a network of 875 doctors. 
But before this can take place, the merger needs to be approved by Christie’s administration and reviewed by the U.S. Federal Trade Commission.
Once the merger takes effect, the Trenton residents will benefit a great deal as they have had little local access to obstetrical care in the past.

If the Cooper University Health merger is the fourth largest merger in New Jersey, then what are the top?

 Well, the largest healthcare merger that has taken place in New Jersey is Robert Wood Johnson University Health and Barnabas Health while the second largest is the merger between Hackensack and Meridian Health.

Contact Cosmo Insurance Agency located in Lakewood, New Jersey so that you may find a health insurance plan that is right for you. Our brokers will help you during each step of the insurance process and answer any questions or concerns you have.

 

Contact Cosmo 

Choose the right doctor for you

Get your health insurance quote today

 

 

 

 

Source:http://www.nj.com/healthfit/index.ssf/2017/08/theres_another_hospital_merger_creating_4th_larges.html

 
Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Facebook
Twitter
LinkedIn
Blog
Google+

Insurance Partners

Cosmo Insurance partners with over 16 reputable companies to provide our clients with the best coverage for their needs.

Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
View All Companies ❭ ❭
© Copyright. All rights reserved.
Powered by Insurance Website Builder