Marketing and Licensing Agreements
Bon Secours Health System to Sell Michigan Properties
Published in Lab Business Week, June 3rd, 2007
Bon Secours Health System, Inc. (BSHSI) and Bon Secours Cottage Health Services (BSCHS) announced that they have signed a Letter of Intent for the sale of Bon Secours Hospital and Bon Secours' Michigan nursing care and assisted living facilities to Beaumont Hospitals. At the same time, BSHSI and Henry Ford Health System have announced an agreement in principle to end their BSCHS joint venture and for Henry Ford Health System to be sole owner of Cottage Hospital.
The next steps in the process are to complete the terms of the definitive agreements, and address appropriate regulatory steps. This is expected to take several months.
"Because of the...
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Source: Lab Business Week (2007-06-03)
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