Trinitas CEO Gary Horan sent a letter to employees outlining the benefits of a potential merger, including improved purchasing power and greater leverage when negotiating with insurers.
“We do not know at this point what level of affiliation we will arrive at, if any, but we should have a good idea if this concept makes sense shortly,” Mr. Horan wrote. “The healthcare landscape is changing, and we owe it to those who depend on us to explore all options.”
More articles on healthcare transactions:
Mississippi hospital secures 3rd owner in 2 years
Ascension buys Florida hospital, plans $47M investment
7 hospital mergers called off in past year
