Becker's Healthcare May 15, 2024
Philadelphia-based Jefferson and Allentown, Pa.-based Lehigh Valley Health Network have signed a definitive agreement to merge into a 30-hospital system with more than 700 care sites.
The two shared plans to unite in December after signing a non-binding letter of intent.
Under the agreement, Jefferson and LVHN will integrate identity, clinical care and operations. The integrated system will comprise more than 65,000 employees and offer new educational opportunities to existing physicians and allow for recruitment opportunities, according to a joint May 15 news release.
The merger will also expand health plan access and improve financial stability that will allow for more investments and new technologies and improved patient outcomes.
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