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Geisinger to buy medical school

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Geisinger Health System, based in Danville, Pa., plans to buy Scranton, Pa.-based The Commonwealth Medical College.

The new medical school will be named the Geisinger Commonwealth College of Medicine.

TCMC, which currently has 480 students, opened its doors in 2009. But by 2011, the Liaison Committee on Medical Education (LCME) put it on probation because of its fiscal problems. Then the school considered affiliating with the University of Scranton (Pa.); however those talks  ended in 2012. More happily, LCME lifted its probation a few months later.

Geisinger, which offers health insurance as well as hospital and other health services, has been a pacesetter in integrating health services. For it to buy a medical school is another extension of this.

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