Lake Norman hospital renamed after $247 million purchase. Employee offers were extended
Duke Health assumed ownership of Lake Norman Regional Medical Center and related businesses Tuesday after finalizing its $284 million purchase of the Mooresville hospital, officials said.
During an afternoon ceremony, the hospital was renamed Duke Health Lake Norman Hospital.
Duke bought the 123-bed, acute-care hospital from subsidiaries of Tennessee-based Community Health Systems Inc.
The purchase greatly expands Duke Health clinical services beyond the Triangle area, according to a statement by the Durham-based not-for-profit health care system.
Duke has extended employment offers to Lake Norman Regional employees and providers and is providing interim leadership during the search for a new hospital president.
In coming months, the hospital’s electronic medical records will be integrated into the Duke Health system, providing patients more access to Duke specialty care, officials said.
When the town learned about Duke Health’s interest in buying the private hospital, “it was a such a great day because it has been an emotional roller coaster, not just for staff but for the community,” Mayor Chris Carney said at the ceremony.
“For profit just doesn’t work when it comes to doing things like health care, and we all felt that,” Carney said. “It was so exciting. My heart leapt.”
This story was originally published April 1, 2025 at 12:20 PM with the headline "Lake Norman hospital renamed after $247 million purchase. Employee offers were extended."