federal antitrust authorities raised no red flags with a pending deal for lenox hill hospital to join the north shore-lij health system, clearing the path for the transaction to close. boards of both hospitals voted tuesday to finalize the deal.
lenox hill turned to deep-pocketed north shore-lij to stabilize its finances. in return, the long island-based chain will now have its first hospital in the competitive manhattan market. the addition of lenox hill expands its coverage area beyond long island, queens and staten island. north shore-lij is already the largest system in new york state and the ninth-largest employer as well. it employs more than 38,000 people.
VampRN
88 Posts
Thank you Nessa1980! I would appreciate that!