Licking Memorial Hospital, Physician-Owned Medical Center of Newark Sign Confidentiality Agreement on Unspecified Business Deal
Licking Memorial Hospital and the physician-owned Medical Center of Newark have signed a confidentiality agreement as they discuss an unspecified business deal, according to a Newark Advocate report.
LMH has made efforts to compete with the surgical hospital over the years, including leasing 13 acres next to Medical Center of Newark to prevent its expansion. This forced MCN to build a more costly second-floor addition, eventually creating 33 beds when it added inpatient surgeries.
MCN started as the Newark Surgery Center, an outpatient facility. MCN completed its $19.5 million in expansion in December 2007, combining and expanding the former Newark Surgery Center and Newark Health Imaging.
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