Duke venture acquires Sanford hospital
Posted January 6, 2016
Sanford, N.C. — Central Carolina Hospital in Sanford has been purchased by a Duke University Health System venture.
Duke LifePoint Healthcare also acquired Frye Regional Medical Center in Hickory and 19 physician practices from Tenet Healthcare Corp. as part of the deal.
"We’re pleased to welcome Central Carolina and Frye Regional to Duke LifePoint," Dr. William Fulkerson Jr., executive vice president of Duke Health, said in a statement. "With the addition of these providers to our network, we’ve expanded Duke LifePoint’s strong presence in North Carolina to include nine hospitals across the state. We have opportunities to collaborate with Central Carolina and Frye Regional to provide enhanced services that will help make people in Sanford, Hickory and surrounding communities healthier and advance the delivery of quality health care throughout this region."
No layoffs are planned at the 137-bed Central Carolina Hospital, and all services will continue as normal, officials said.
Duke LifePoint was formed in 2011 by Duke Health and Tennessee-based LifePoint Health (NASDAQ: LPNT). The venture already owns Maria Parham Medical Center in Henderson, Person Memorial Hospital in Roxboro and Wilson Medical Center in Wilson.
"As we have learned more about Duke LifePoint, we have grown even more confident that this acquisition offers great benefits to our community, our employees and our physicians," David Spivey, chairman of the Central Carolina governing board, said in a statement. "We look forward to being a part of a system with a significant presence in North Carolina and nationally."