Healthcare Finance News September 7, 2022
Trinity said the combined organization will be stronger in the face of challenges brought on by the COVID-19 pandemic.
Nonprofit Catholic health system Trinity Health has completed its acquisition of Iowa-based MercyOne, closing out a process that began in April when Trinity signed an agreement with CommonSpirit Health to acquire all of MercyOne’s facilities and assets, including home care, hospice and infusion locations.
Trinity Health president and CEO Mike Slubowski said via statement that the move creates “a stronger and more unified system,” and hinted at economy of scale when he said the combined organization will be stronger in the face of challenges brought on by the COVID-19 pandemic.
Operating as a part of Trinity Health, MercyOne will retain its...
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