Louisiana Children’s Medical Center (LCMC) announced a $150 million expansion deal in which it will acquire Tulane Medical Center in New Orleans, Lakeview Regional Medical Center in Mandeville, and Tulane Lakeside Hospital in Metairie, expanding its footprint on both sides of the lake.
The new deal has been filed with the state. Pending a review of public comments and regulatory approvals, the acquisition could be finalized later this year or early next year.
Over the next several years, under the new partnership, Tulane Medical Center in downtown New Orleans will transition to a clinic and nursing school-based facility, with many medical services being relocated to East Jefferson Hospital.
