City of Hope intends to acquire Cancer Treatment Centers of America, a network of oncology hospitals and outpatient care centers across the United States.
Several news media reports pegged the sale at $390 million, although the price was not mentioned in City of Hope’s press release.
City of Hope’s strategic acquisition will advance the missions of both organizations, building a national, integrated cancer research and treatment system to transform the future of cancer care. City of Hope intends to convert CTCA to a nonprofit organization. Read more.
