UVA Health has acquired full ownership of Novant Health UVA Health System, a three-hospital joint venture it ran with Novant Health since 2016, Fierce Healthcare reports. The 260 inpatient beds acquired in the deal pushes UVA Health’s total over the 1,000-bed threshold, expands the academic health system’s geographic footprint and will improve its teaching efforts, the system said. Novant Health’s divestiture of its 60% stake, meanwhile, represents its full exit from hospital operations in Virginia. Terms were not disclosed. Read more.
UVA Health Buys Out Novant in Virginia
