Duke LifePoint Healthcare signed its second memorandum of understanding to acquire a hospital in North Carolina since the joint venture was formed in February, according to a news release.
Duke LifePoint seeks another N.C. hospital
The joint venture, consisting of Duke University Health System, Durham, N.C., and LifePoint Hospitals, Brentwood, Tenn., has agreed to acquire 50-bed Person Memorial Hospital, Roxboro. The hospital also includes 60 beds in a skilled-nursing unit. Officials from Duke LifePoint and Person Memorial expect to conduct due diligence on the deal for the next 60 to 90 days toward negotiating a definitive agreement, according to the release. The deal will require review by the North Carolina attorney general's office.
Duke LifePoint previously announced its memorandum of understanding to acquire 102-bed Maria Parham Medical Center in Henderson, N.C. The deal is still pending. The joint venture completed its first deal last month when it acquired the North Carolina cardiac catheterization operations of Charlotte-based MedCath Corp. for $25 million, according to MedCath.
Investor-owned LifePoint owns a majority stake in the joint venture with tax-exempt Duke.
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