Chief Healthcare Executive May 18, 2024
Ron Southwick

The Pennsylvania hospital systems have signed an agreement to come together. The merged organization would run 30 hospitals and become one of the nation’s 15 largest nonprofit health systems.

Jefferson Health and the Lehigh Valley Network have taken another big step toward joining forces.

The two Pennsylvania health systems said this week that they have signed a definitive agreement to come together. Jefferson announced plans to acquire Lehigh Valley in December 2023.

When the deal is finalized, the merged organization would become one of the 15 largest nonprofit hospital systems in America, Jefferson said. The deal is expected to close this summer, the systems said.

Jefferson is based in Philadelphia and operates 17 hospitals and over 50 outpatient care locations...

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Topics: Health System / Hospital, Mergers & Acquisitions / JV, Provider, Trends
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