Emory Healthcare and St. Joseph's Hospital, both based in Atlanta, have shelved plans for a joint venture, citing the complexity of a potential collaboration.
Emory, St. Joseph drop collaboration plans
The two hospitals had been in talks for the past few months, according to a news release. “After a thorough evaluation, Emory and Saint Joseph’s have decided not to pursue this partnership,” the release said. “Joint ventures are very complex operationally and financially. While we are confident we could create a workable partnership, a joint venture of this complexity is not feasible at this time.”
A spokeswoman from Emory declined to provide additional details regarding the decision.
It’s not the first time that partnership talks between St. Joseph’s and another hospital have failed. In August, Piedmont Healthcare and St. Joseph’s announced they had abandoned plans to create a joint operating company because the two were unable to agree on how the organization would be structured.
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