Lehigh Valley Health Network and Pocono Health System are seeking to merge in a move that will expand LVHN’s scope further north.
The board of directors of both organizations authorized a letter of intent to merge in separate meetings, LVHN announced Thursday afternoon in a news release.
Additional due diligence, negotiations and regulatory approvals will be necessary before any deal becomes official, the release states.
PHS’s flagship property is the Pocono Medical Center in East Stroudsburg. It’s a mid-sized, acute care facility that employs more than 200 physicians and 1,850 staff members, according to the PHS website.
Read more: http://www.lehighvalleylive.com/breaking-news/index.ssf/2015/05/lehigh_valley_health_network_p.html
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