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NJ Hospital System Pursues Sale After Failed Prior Deal

Law360 (March 8, 2018, 9:07 PM EST) -- Trinity Health said Thursday the company is exploring the sale of its Lourdes Health System in New Jersey to Virtua Health Inc., an announcement that comes just a few months after the collapse of a proposed deal for Cooper University Health Care to acquire the Lourdes properties and another Trinity hospital.

Trinity Health unit Maxis Health System and Virtua Health have entered into a nonbinding letter of intent about Virtua Health's possible acquisition of the Lourdes Health System, which includes two hospitals in southern New Jersey,...
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