Observers think the alliance, meant to control costs and boost quality, might be the first step toward a full merger of the systems and may spark similar consolidations between other Atlanta-area hospitals.
The plan is backed by Catholic Health East, Saint Joseph’s parent, and is expected to lower its operating expenses at least $20 million a year, while Piedmont expects savings of up to $10 million a year.
Read the Atlanta Business Chronicle’s report on Saint Joseph’s Health System and Piedmont Healthcare.
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.
