Chief Healthcare Executive June 29, 2024
Atlantic Health System and Saint Peter’s Healthcare System approved the pact, which comes months after announcing their intention to consolidate.
Months after announcing plans to come together, the Atlantic Health System and Saint Peter’s Healthcare System have reached a definitive merger agreement.
The two systems made the announcement earlier this week. Under the agreement, Atlantic would acquire Saint Peter’s. The systems signed a letter of intent to merge in January.
Atlantic operates seven hospitals in New Jersey and more than 550 other healthcare locations. The system serves patients across much of the Garden State, as well as patients from New York and Pennsylvania. Saint Peter’s operates a 478-bed teaching hospital, a children’s hospital and perinatal center.
The deal still requires...