MultiCare and Samaritan complete nonprofit health system merger
Written by AI from healthcaredive.com's report. Not checked by a person.
Washington's MultiCare and Samaritan officially combined after state approval, with MultiCare pledging $700 million over a decade.
Healthcare Dive reported that the nonprofit health systems MultiCare and Samaritan officially combined following approval from state regulators. Tacoma, Washington-based MultiCare will invest $700 million over the next decade in Samaritan's facilities and technology. The deal is one of several health-system consolidations in the US, and appeared in the 6 November Hall Render health provider news roundup. Supporters say the merger will keep care available and modernise hospitals; the combined system will serve communities across the region.
