SSM Health Care to Acquire Wisconsin Physician Group Dean Health Systems

St. Louis-based Catholic health system SSM Health Care announced it has signed a letter of intent to acquire Dean Health Systems, a physician-owned, for-profit multispecialty group based in Madison, Wis.

The two organizations already have a 100-year partnership to integrate care delivery in the south central Wisconsin market. Currently, SSM Health Care and Dean jointly own an insurance company, Dean Health Plan, as well as a telemedicine operation and a pharmacy benefit company.

If approved by Dean's physician shareholders, the Wisconsin insurance commissioner's office and other regulators, the deal could be finalized this summer. Financial terms were not disclosed.

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