SHARON, Pa. -- Community Health Systems, Inc., owner of ValleyCare Health Systems of Ohio, plans to purchase Sharon Regional Health System.
ValleyCare owns Trumbull Memorial and Northside hospitals.
Sharon Regional made the announcement this morning, saying its board of directors agreed to a binding letter of intent to begin sale negotiations.
Details of the deal are expected to take two to three months to finalize.
Sharon Regional has 1,800 workers making it the largest employer in Mercer County, which borders Ohio along Interstate 80. Sharon Regional's flagship hospital is located about 60 miles northwest of Pittsburgh.
Updates will be posted. Complete coverage will be available in Thursday's Tribune Chronicle print edition.