Two New York hospitals -- 734-bed NYU Hospitals Center and 157-bed Hospital for Joint Diseases/Orthopaedic Institute -- said they have agreed to a full-asset merger to spur even more growth in an already fast-growing specialty. Officials said the merger is the culmination of a long-standing affiliation and will ensure a single standard of musculoskeletal care at the two locations. There are no plans to consolidate or close facilities. Rather, working as a combined organization, the hospitals expect to increase the number of patients in orthopedics, rheumatology and rehabilitation medicine and increase research funding for the specialties, officials said. Officials said they anticipated "minimal financial cost and disruption of business operations." The deal is expected to close by the first quarter of 2006. -- by Cinda Becker
NYU hospital to merge with orthopedic hospital
Send us a letter
Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.