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PA and NY hospitals may merge
Two hospitals in Pennsylvania and New York that are only about 10 miles apart, may reach across the state border and form a new parent company. Bradford Regional Medical Center, a 96-bed facility in Pennsylvania, and Olean General Hospital, a 156-bed facility in New York, have signed a letter of intent to integrate the two hospitals. The decision followed a recommendation by New York's Commission on Health Care Facilities in the 21st Century, a 2007 statewide effort that aimed to "right size" New York healthcare.
For more:
- read the ModernHealthcare.com article
Related Articles:
Half of NY hospitals lost money, made little in '06
PA hospitals' margins up, but uncompensated care rises
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