New York Blood Center in Manhattan and Community Blood Center of Greater Kansas City (Mo.) have finalized a merger agreement, creating one of the largest community-based, not-for-profit blood centers in the country.
Financial terms of the deal were not disclosed. NYBC said it plans to expand its services and research to the Kansas City metropolitan area.
“The market for healthcare services—including blood-related services—is changing rapidly,” NYBC spokesman James Haggerty said in an e-mail. “Moreover, blood centers have not been exempt from the general trend toward integration/mergers in the healthcare industry. The combination of CBC and NYBC provides the opportunity for greater breadth of services, efficiency and financial stability.”