Letter Of Intent Signed By RWJBarnabas Health & Trinitas Regional Medical Center

Trinitas Regional Medical Center (Trinitas) and RWJBarnabas Health (RWJBH) recently signed a Letter of Intent (LOI) whereby Trinitas and its affiliates will become a part of RWJBH. The non-binding LOI sets forth a basic structure for the proposed transaction and puts the institutions on a path toward reaching a Definitive Agreement, expected before the end of 2019.

The LOI is the first step in the process of evaluating and designing a new relationship that will enhance health care services for residents in northern and central New Jersey. Both parties will now engage in a due diligence process to define . . .