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Trinity Health s St. Francis Medical Center is exploring a possible sale to its neighbor, Capital Health.
The Trenton, N.J., teaching hospital announced Monday it has signed a letter of intent to join two-hospital Capital, whose Trenton hospital is just 2 miles away. The systems declined to share more detail on their plans, but said the nonbinding agreement is the first step in evaluating a framework for the transaction, which would need state and federal approval.
Founded by nuns, St. Francis was Mercer County s first hospital in 1874 and remains its only comprehensive cardiac surgery provider.
St. Francis CEO Daniel Moen said in a statement that both his hospital and Capital are deeply committed to caring for the community.
St. Francis Medical Center in Trenton. File photo.
Leaders of St. Francis Medical Center, a member of Trinity Health and one of two hospitals in the capital city, have signed a non-binding letter of intent to become part of Capital Health.
Officials said the non-binding agreement is the first step in evaluating and designing a framework for St. Francis to become a part of Capital Health, with a goal of working toward a definitive agreement that will create a more comprehensive and sustainable health care system for the Trenton area community.
Capital Health operates the regional medical center, a level two trauma center and hospital, on Brunswick Avenue. The health care system had a much bigger footprint in Trenton a little more than a decade ago. But in 2011, Capital Health shut down its 650,000-square-foot Mercer hospital campus on Bellevue Avenue and moved to the suburbs, opening a new hospital in Hopewell Township. The emergency room at the hospital campus remained open until
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