To demonstrate WakeMed’s commitment to improving medical services in Wake County, its board on Monday approved spending up to $50 million on a new inpatient mental-health facility if the Rex acquisition succeeds.
Read more: http://www.newsobserver.com/2011/05/19/1208110/hospital-rivals-go-to-the-mat.html#ixzz1MnHMAd35Already fierce rivals, the top bosses at WakeMed Health & Hospitals and the UNC Health Care System have intensified their animosity after WakeMed’s unexpected, and hostile, bid to buy its Raleigh rival Rex Healthcare for $750 million.
