St. Joseph Medical Center, Towson, Md., and St. Agnes HealthCare, Baltimore, announced a strategic alliance aimed at aligning their physician networks, clinical services and community outreach. The hospitals said they will form Mission Health Partners, a joint venture to be funded equally by both partners. The first phase of the partnership will involve specialized services, such as bariatric surgery or certain cancer therapies, and the second phase will include shared information technology. St. Agnes, a 328-bed hospital, is part of 69-hospital Ascension Health. St. Joseph, which has 385 beds, is a member of 55-hospital Catholic Health Initiatives. St. Agnes President Bonnie Phipps said other facilities may be asked to join the partnership at a later date. The deal is expected to close next month. -- by Matthew DoBias
Md. hospitals form joint venture
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