Sunday - September 22, 2019
WakeMed still waiting for word on REX merger
Saturday, 13 August 2011 14:34

(RALEIGH) -- WakeMed Hospital has not changed its mind on a decision to try and acquire REX Hospital. Right now, WakeMed is in wait-and-see mode while the University of North Carolina system's leaders look over the offer.

 

WakeMed CEO Dr. Bill Atkinson says they have not dropped this. "The proposal is on the table. The university system has had a committee that has met three or four times to discuss that. We've not been part of that or invited to be part of that, so we're not quite sure what they're findings have been so far or will be in the end," he said.

Dr. Atkinson says that what WakeMed sees as a duplication of services that comes with having two hospitals in an area can be addressed with a merger of the entities. He adds that they will be patient as UNC mulls over the offer.

A dollar figure for the offer has not been officially disclosed, but it is expected to be well into the hundreds of millions of dollars.

Last Updated on Tuesday, 16 August 2011 12:00
 
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