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Ballad Health merger timeline

Johnson City Press • Updated Feb 1, 2018 at 9:52 AM

Merger milestones

Jan. 9, 2014 — Wellmont announces search for partner

August 2014 — Banker Bill Greene tells Johnson City Press of Mountain States-Wellmont merger hopes

Aug. 19, 2014 — Public forum pushes for merger

April 2, 2015 — Mountain States-Wellmont leaders announce merger plan

May 18, 2015 — State Legislature amends law to permit hospital mergers

Sept. 16, 2015 — Systems submit letter of intent to merge to Tennessee

Feb. 16, 2016 — Partial application submitted

April-August, 2016 — Tennessee seeks more information, hospital leaders respond

Sept. 14, 2016 — Ballad Health name announced

Sept. 26, 2016 — 1st merger application complete in Tennessee

Oct. 4, 2016 — Federal Trade Commission staff announces opposition

Nov. 21, 2016 — Several economists submit opposition to merger

Jan. 13, 2017 — Clock on merger resets after Mountain States, Wellmont deem application incomplete

Feb. 7, 2017 — Delay granted

May 22, 2017 — 120-day review process begins anew

July 18, 2017 — Final public hearing on merger

Sept. 19, 2017 — Tennessee initially approves application

Oct. 30, 2017 — Virginia approves Cooperative Agreement

Nov. 10, 2017 — Partners announce Ballad Board of Directors

Dec. 8, 2017 — Partners seek closing deadline extension

Jan. 31, 2018 — Tennessee officially approves merger

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