Healthcare Finance News May 16, 2024
Upon closing, the integrated system will operate 30 hospitals and more than 700 sites of care.
Jefferson and Lehigh Valley Health Network in Pennsylvania have signed a definitive agreement to combine, creating an integrated academic healthcare delivery system, alongside a national research university and an expanded not-for-profit health plan.
The unified system would place it within the top 15 not-for-profit health systems in the United States, Jefferson said.
The deal is expected to be completed later this summer, pending final reviews and execution of closing conditions.
Upon closing, Jefferson CEO Joseph Cacchione will continue to serve as CEO of the Jefferson enterprise. LVHN’s CEO Brian Nester will serve as executive vice president/chief operating officer of the Jefferson enterprise and...
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