This copy is for your personal, noncommercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers here or use the "Reprints" link that appears next to any article. Visit modernphysician.com/reprints for additional information. Back to article.

Article published May 24, 2012

Pa. hospital to buy surgical institute

By Melanie Evans

Posted: May 24, 2012 - 11:30 am ET

Tags:

The Reading (Pa.) Hospital and Medical Center has reached an agreement to acquire the Surgical Institute of Reading. The deal, which is subject to review by state health officials and the attorney general, is expected to close during the summer, according to a jointly issued announcement. The Surgical Institute's more than two dozen doctors will remain independent, but its 125 nurses and support workers will join the hospital's payroll, according to the news release. The hospital will gain expanded surgical capacity with the deal.

Advertisement | View Media Kit

"We are excited to be joining a strong and revitalized Reading Hospital, which will allow us to enhance our technology and expand our clinical practice, while ensuring the same high quality and personalized care that has characterized the institute since our founding," Dr. John Martin, chairman of the board of the Surgical Institute, said in the release.

Today's Headlines

Analysis shows funding gap for LSU hospital privatization deals CBO's Medicare estimates on par with White House figures Medicaid fraud-control units allowed federal funds for data-mining Healthcare Reform Update: ACA foes, supporters trade volleys

More Headlines

What do you think?

Share your opinion. Send a letter to the Editor or Post a comment below.

Post a comment

Loading comments...

Modern Physician is the "go-to" business publication for physician executives, leaders and entrepreneurs. Poised to guide the future of healthcare, physician leaders rely on Modern Physician for the news, issues and trends that impact healthcare.

For more physician news, visit http://www.ModernPhysician.com.