Duke LifePoint Will Not Acquire Good Shepherd

LONGVIEW – Good Shepherd Health System is once again looking for an affilation partner. Plans had been for Duke LifePoint Healthcare to partner with the Longview healthcare system. But, Duke LifePoint has decided not to pursue the acquisition of Good Shepherd. The memorandum of understanding to be acquired by Duke LifePoint expired on September 30. A news release from Good Shepherd quotes board of director chairman Bill Huffman as saying, “While we are disappointed in the outcome of this process, we respect Duke LifePoint’s right to make business decisions that achieve their organization’s goals.”The Good Shepherd Board of Directors immediately began working with their financial advisors and resumed the search for an appropriate partner.