2013-05-03 – Trinity Health, Catholic Health East Complete Merger
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Trinity Health and Catholic Health East today announced the official closing of the consolidation of the two health care systems to create one of the nation’s largest Catholic health systems, serving patients and communities in 21 states.
“Today, by bringing Catholic Health East and Trinity Health together, we have enhanced our ability to create innovative models of care and advance clinical quality across the continuum,” said Judith Persichilli, interim president and CEO of the new organization. “The consolidation will help address the rapidly changing health care environment that requires more focus on population health and the delivery of more coordinated and integrated care and health and wellness services. We are confident that we will be a transforming, healing presence in the communities we are privileged to serve.”
The new organization will be based in Livonia, Mich., while maintaining a divisional office presence in Newtown Square, Pa., as the organization continues its integration. With annual operating revenues of about $13.3 billion and assets of about $19.3 billion, the new organization returns almost $1 billion to its communities annually in the form of charity care and other community benefit programs.
“We are proud to celebrate coming together to form a new organization that has a shared mission, unwavering commitment to excellence in care and a strong, unified voice that will speak for what is best for our patients and residents, our communities, our care providers and our employees,” said Larry Warren, interim chief operating officer of the new organization. “Our new ministry will work to innovate and transform to meet the demands of the changing health care environment while preserving the legacy handed down to us by our founding congregations.”
For employees, the new ministry offers more long-term career opportunities by being part of a larger, financially stronger and more geographically diverse health system that is better able to compete successfully in today’s health care marketplace.
Patients will benefit from the broader spectrum of resources and knowledge of the new ministry. The enterprise will maximize integrated care — sharing ideas, assets and expertise across 21 states for the communities it serves. It will use the scale of the organization to focus on quality and decrease costs.
The new ministry will enable access to enterprise resources to improve care and learn from each other, advancing excellence in clinical systems, evidenced-based practice and national buying power — while increasing access to strategic thought leaders who are experts in their field and who will support each of the facilities’ vitality.
Physicians will have access to leading clinicians across 21 states, contributing to the new ministry’s solution to health reform, clinical informatics and best clinical practices. Across the enterprise, they can share the just-in-time information that’s necessary to provide the best patient care.
Catholic health care will benefit from a stronger, unified voice to advocate for better care, especially for those who are poor and vulnerable. The new ministry will collaborate and participate in innovative models for community health care, sharing ideas with partners throughout the country to help as many people as possible.