Duke LifePoint Healthcare, Durham, N.C., has signed a memo of understanding to acquire 275-bed Marquette (Mich.) General Health System.
“As part of Duke LifePoint, we will be able to create new opportunities and new jobs for doctors, nurses and healthcare professionals in the Upper Peninsula,” Gary Muller, president and CEO of Marquette General, said in a news release
. “We will have new centers of excellence at Marquette General, new and expanded service lines, and mentoring and training programs for our staff to improve patient care.”
Officials expect to sign a definitive agreement in two to four months and then submit it to the Michigan attorney general's office for review. Financials weren't disclosed, but the news release stated that the deal would lead to the construction of new facilities, including an outpatient surgery center, cancer center, private patient rooms and implementation of a new technology with a new information technology infrastructure. Duke LifePoint officials also say they will invest in physician recruitment.
Marquette General would be Duke LifePoint's first hospital in Michigan and fourth in the system. Duke LifePoint represents a joint venture created last year between Duke University Health System and for-profit 51-hospital LifePoint Hospitals, based in Brentwood, Tenn. Duke LifePoint officials will support Marquette General programs, including the proposed accountable care organization
planned in 2010, with Superior Health Partners as the parent company. The ACO plan would bring together Marquette General and 25-bed Bell Hospital in Ishpeming, Mich.