Becker's Healthcare August 1, 2024
Andrew Cass

Philadelphia-based Jefferson and Allentown, Pa.-based Lehigh Valley Health Network completed their merger Aug. 1.

Here are 10 things to know about the combined system:

1. The combination creates one of the 15 largest nonprofit hospitals in the U.S. with 32 hospitals and more than 700 sites of care.

2. Jefferson brings 18 hospitals to the combined system: 15 in Pennsylvania and three in New Jersey. LVHN brings 14 hospitals, all in Pennsylvania.

3. The combined system employs more than 65,000 people.

4. In fiscal 2023, Jefferson posted total revenues of $9.7 billion. It posted an operating loss of $78.5 million for the year ended June 30, 2023.

5. In fiscal 2023, LVHN posted total...

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