St Mary's Hospital and LHP Hospital Group, Inc. Announce Plans for Joint Venture

April 2011
Biomedical Market Newsletter;4/30/2011, p779
The article reports on the plan of Saint Mary's Hospital to joint forces with the LHP Hospital Group Inc. in Connecticut. It states that both companies have negotiated a definitive agreement that calls for an equally-shared governance structure. It notes that the joint venture will help Saint Mary to eliminate debt, provide greater security to pensioners, and establish foundation that will focus on community health needs.


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