Shore Health Services, Nassawadox, Va., announced that its board of trustees has voted to approve an affiliation with Riverside Health System, Newport News, Va.
Riverside operates a number of healthcare facilities in southeastern Virginia, including three acute-care hospitals, one psychiatric facility and the states largest physical rehabilitation hospital. Shore Health operates, among other healthcare entities, a 107-bed hospital in Nassawadox. Both are not-for-profit healthcare systems.
The agreement between the two systems is worth approximately $53 million, a Shore Health spokeswoman said.
Riverside and Shore share similar values, business styles and corporate cultures, and the Shore Health Services board of trustees is confident that this affiliation will greatly benefit healthcare in our community, said Caramine Kellam, chairman of the Shore Health board of trustees, in a written statement.