Akron General to Pursue Alignment with Clinic, Community Health
AKRON– Akron General announced Thursday afternoon that it has signed a letter of intent and entered into discussions with the Cleveland Clinic and a subsidiary of Community Health Systems, Inc.
According to a press release, they’re looking to “form a strategic partnership that
would provide clinical and capital resources, strengthening Akron General financially while preserving the health system’s century-long mission of offering outstanding care for area residents.”
Akron General said, the proposal sale of the system’s assets to a newly formed venture would position them for long-term stability and growth during a period of “dynamic changes across the health care industry.”
Toby M. Cosgrove, M.D., chief executive officer and president of Cleveland Clinic, said, “We are pleased to announce this affiliation with Akron General Health System. Cleveland Clinic has long-served patients from the Akron area, and this will allow us to expand our clinical services in the region as Community Health Systems grows its presence in the state.”