The Pender County Board of Commissioners in North Carolina voted unanimously to finalize an agreement with Novant Health, including a $50 million commitment from Novant to make Pender Medical Center in Burgaw into a community general hospital and increase access to health care throughout the county.
The commitments mentioned in the announcement are part of the transaction that will make Novant Health the owner of Pender Medical Center, which is currently owned by the county, WECT reports.
This follows after two years of Novant Health running Pender Medical Center as part of an operating agreement in connection to the sale of New Hanover Regional Medical Center to Novant Health.
The county and Novant Health are working to finalize legal documents in September and close the transaction in six months. Read more.
