Dive Brief:
- The board of directors for East Jefferson General Hospital in LA has called off negotiations between East Jefferson and Hospital Corporation of America (HCA).
- HCA, which operates Tulane University Medical Center, was unable to restructure its joint partnership agreement with Tulane in a way that would allow them to lease East Jefferson.
- As of Monday afternoon, there were no additional details as to why the deal fell through.
Dive Insight:
Although East Jefferson has been looking for an operator to lease the hospital since 2012, the board said in a statement it "will not actively pursue partnership opportunities at this time." The statement did not say, however, that the board would not consider other lease opportunities if approached.