Donald Babb

A planned merger between Bolivar’s Citizens Memorial Hospital and Springfield’s CoxHealth has been canceled.

The two healthcare organizations announced today they’ve decided the timing is not right for the partnership.

Officials with Bolivar-based Citizens Memorial Hospital and CoxHealth in Springfield have signed a letter of intent to merge the two, making CMH a part of Cox.

The announcement came in a joint press release Friday morning.

It describes a due diligence period during which both entities will explore the details of one another’s business practices before reaching a final agreement. That could come as soon as mid-2017.