Thomas Jefferson University, Jefferson Health System and
Abington Health will sign a letter of intent to merge — which would create the
region's largest health system based on bed count.
Officials at the two organizations, in a statement
released Wednesday, said: "During the last 30 days, leaders at Jefferson
and Abington Health have conducted a period of focused, intensive study
evaluating a model that will combine the two organizations for the benefit of
patient care, wellness and health and medical education in the region."
Wednesday's signing of the letter of intent is the next
step in the process of merging the two organizations in 2015. The two health
systems first said they were exploring a partnership last month. Officials from
Jefferson and Abington are expected to provide more details about the proposal
merger later today.
The combined entity would have five hospitals and a
geographically disperse network of ambulatory-care centers in southeastern
Pennsylvania and South Jersey. Those health centers last year collectively
handled more than 84,000 hospital admissions, 1.1 million outpatient visits and
nearly 249,000 emergency room visits.
Jefferson is the parent company for Thomas Jefferson
University Hospital , Methodist Hospital , Jefferson Hospital for Neuroscience—
all in Philadelphia. It also includes Thomas Jefferson University and its
Sidney Kimmel Medical College.
Abington Health is the parent for Abington Memorial
Hospital in Abington, Pa., and Lansdale Hospital in Hatfield Township, Pa. —
both in Montgomery County.
The two health systems, combined, currently have more
than 13,000 employees.
Source: Philadelphia
Business Journal
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