A 2.5-year merger between New York’s St. Peter’s Health Care Services, Northeast Health and Seton Health will finally close Oct. 1, according to a Business Review report.
The new system, St. Peter’s Health Partners, will operate four N.Y. acute-care hospitals: Albany Memorial and St. Peter’s, both in Albany, and St. Mary’s Hospital and Samaritan Hospital, both in Troy. The system will also include 19 primary care centers and a network of long-term care and rehabilitation services.
Steven Boyle, CEO of St. Peter’s Health, will be CEO of the new combined organization. James Reed, MD, CEO of Northeast Health, will serve as president. James Gavin, CFO and treasurer of St. Peter’s Health, will also be the new system’s CFO.
Related Articles on Hospital Mergers:
Naming Challenges: When and Why to Consider a Brand Makeover
3 New York Health Systems Will Merge to Form St. Peter’s Health Partners
Hospital and Health System Mergers & Acquisitions — June 2010
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
