Amalgamation

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The combination of one or more companies into a new entity. An amalgamation is distinct from a merger because neither of the combining companies survives as a legal entity. Rather, a completely new entity is formed to house the combined assets and liabilities of both companies.

An existing management services agreement already facilitates collaboration in Human Resources, Education, Laboratories, Materials Management, Purchasing and Information Technology Services. A recent review of this partnership identified additional opportunities for the integration of clinical services to:

  • Ensure the sustainability of local health services
  • Achieve alignment with provincial and local health care planning activities; and,
  • Most importantly, meet the needs of patients and families in our region.