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

Lehigh Valley Health Network to merge with another Pennsylvania system

East Stroudsburg, Pa.-based Pocono Health System and Lehigh Valley Health Network in Allentown, Pa., have signed a letter of intent to merge.

The merger would build on the two organizations' long history of working together in certain clinical areas.

"We believe that the residents of the Poconos region will greatly benefit from the merger of these two longstanding, high-quality healthcare systems," said Pocono Health System President and CEO Jeff Snyder.

Brian Nester, president and CEO of Lehigh Valley Health Network, shared Mr. Snyder's excitement about the deal. "We look forward to developing with PMC a hospital of the future that incorporates the highest level of clinical competence to provide the highest quality care close to home," said Mr. Nester.

The merger, which is subject to regulatory approval, is expected to take effect in the first half of 2016.

More articles on healthcare industry transactions:

Q1 healthcare M&A volume up 25%
6 recent hospital transactions and partnerships
Healthcare M&A update: Thoughts from 4 industry leaders

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Featured Webinars

Featured Whitepapers