Prince William Health System selects a partner
- March 27, 2009
The Prince William Health System announced Friday it will merge with North Carolina-based Novant Health, a move that should allow the health system to expand services to the growing western Prince William County.
The merger of the not-for-profit hospitals is expected to be completed by fall. Under the agreement, Novant will provide $200 million to expand Prince William’s health care services.
The health system wants to build a 60-bed hospital in the Haymarket area, which will require a Certificate of Public Need from the state health commissioner. The health system’s plans also include increasing the number of private rooms at its Manassas hospital, renovating the critical care unit and adding a cardiac catheterization lab.
Prince William has been trying to expand for some time.
In 2006, Fairfax-based Inova Health Systems planned to buy Prince William Health System and expand its services. However, the Federal Trade Commission came out against the deal, saying the move would give Inova too much share of the hospital beds in Northern Virginia.
The Prince William Health System’s Board of Trustees studied 20 potential partners before coming to an agreement with Novant.