Local

Novant Health drops deal to buy NC hospitals

Lake Norman Regional Medical Center is one of two hospitals Novant Health was seeking to buy from Community Health Systems for $320 million.

CHARLOTTE — Novant Health is no longer pursuing its proposed, $320 million acquisition of two North Carolina hospitals, citing continued opposition from federal regulators.

The health-care giant had planned to buy Lake Norman Regional Medical Center and Davis Regional Medical Center from Franklin, Tennessee-based Community Health Systems.

The 123-bed Lake Norman Regional is in Mooresville; 146-bed Davis Regional Medical Center is in Statesville.

Read more here.


VIDEO: Novant Health offers help to mothers with postpartum depression

0