Cooper University Health Care to Acquire Three Hospitals
Cooper University Health Care
Cooper University Health System will acquire Lourdes Health System, with hospitals in Camden and Willingboro, and St. Francis Medical Center in Trenton from Trinity Health, under a preliminary deal announced Thursday.
Click here to read a press release from Cooper University Health Care.
The letter of intent with Cooper comes after a year of talks between Trinity, a large Catholic health system based in Livonia, Mich., and potential acquirers.
If the deal is completed, Camden-based Cooper said, it will have combined revenue of almost $2 billion, based on 2016 results, operating four hospitals that employ more than 12,000 people and managing 1,382 licensed beds.
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