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Wake Forest Baptist Medical Center Will Acquire High Point Regional Health

(Courtesy: High Point Regional Health)

Wake Forest Baptist Medical Center in Winston-Salem is set to acquire High Point Regional Health. The deal announced Wednesday comes at a time when many companies in the industry are consolidating.

High Point Regional is a private, not-for-profit health care system that serves more than 300,000 patients annually in the Triad.

It's been part of the UNC Health Care System since 2013.

Wake Forest Baptist Executive Vice President and Chief Strategy Officer Terry Williams says right now there's a lot of financial pressure on medical facilities, and consolidation makes economic sense.   

“If your goal is to provide the services that are needed in an advanced way to patients wherever they are, there are costs associated with that,” he says.

The announcement comes shortly after Wake Forest Baptist closed on a lease agreement with Wilkes Medical Center in July. The deal with High Point Regional is expected to be finalized next summer.

Bethany joined the staff of WFDD in the fall of 2012. She received her B.A. and M.A. in English Literature from Wake Forest University and focused on Anglo-Irish writing. Between undergraduate studies and graduate school, Bethany served as the intern to Talk of the Nation at NPR in D.C., participating in live NPR Election Night Coverage, Presidential debate broadcasts, regular Talk of the Nation shows, and helping to plan the inaugural broadcast of ‘Talk of the World.' She enjoys engaging with her interests in books, politics, and art in the interdisciplinary world of public radio. Before becoming Assistant News Director, Bethany was a reporter and Associate Producer for WFDD's Triad Arts and Triad Arts Weekend. Originally from Jacksonville, Florida, Bethany enjoys calling the Piedmont home.

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