The University of Pennsylvania Health System has signed a letter of intent to acquire Doylestown Health, a nonprofit clinically integrated care network in Bucks County, Pennsylvania, that includes a 247-bed flagship hospital.
The would-be integration process is expected to take several months to complete, according to a news release. Under the proposed deal, Doylestown Hospital would become Penn Medicine's seventh hospital.
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The organizations have a history of collaboration, including through Penn Radiation Oncology, which is staffed by Penn Medicine and located at a Doylestown Health facility. Doylestown Hospital is also a part of Penn Cancer Network, which connects Philadelphia-area hospitals and physician practices with Penn Medicine's Abramson Cancer Center.
Financial details about the proposed transaction were not immediately available.
