Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

Bon Secours Health System, Mercy Health to merge: 4 things to know

Marriottsville, Md.-based Bon Secours Health System declared its intent to merge with Cincinnati-based Mercy Health Feb. 21 to create an $8 billion system.

Here are four things to know about the proposed merger.

1. If successful, the combined entity will comprise 43 hospitals across seven states and more than 2,100 employed physicians.

2. The merged entity will accrue $8 billion in net operating revenue and $239 million in operating income, making it the fifth largest Catholic health system in the nation.

3. The combined organization will also include more than 50 home health agencies, hospice agencies, and skilled nursing and assisted living facilities.

4. Mercy Health and Bon Secours officials will spend the next several months working to finalize a definitive merger agreement. Officials expect to complete the merger by the end of 2018, pending regulatory approval.

"The mission, vision, values and geographic service areas of Bon Secours and Mercy Health are remarkably well-aligned and highly complementary," said Richard J. Statuto, president and CEO of Bon Secours Health System. "This merger strengthens our shared commitment to improve population health, eliminate health disparities, build strength to address social determinants of health, and invest heavily in innovating our approaches to health care."

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars