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MultiCare plans to acquire Spokane health system

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MultiCare Health System plans to purchase the assets of Rockwood Health System in Spokane from subsidiaries of a Tennessee-based health system. Financial details of the agreement were not disclosed. The deal, which was announced Thursday, is expected to close in the first quarter of 2017. This is the fifth partnership/merger/acquisition announced this month as the health care industry in Washington state continues to consolidate. Rockwood Health System includes Deaconess and Valley Hospitals as…

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