Pinnacle, WellSpan Chiefs Discuss Benefits of Merger

PinnacleHealth President Bruce Bartels and WellSpan CEO Roger Longenderfer discussed some of the benefits of a merger between the two Pennsylvania-based health systems in a report by the Central Penn Business Journal.

Advertisement

The systems entered into a non-binding agreement for a merger in early November.

In the report, Mr. Bartels said that the merger would help both organizations deal with the emerging competition for physicians and staff that has been brought on by the general movement toward the ambulatory setting for healthcare.

Mr. Longenderfer said that two mission-driven organizations have an opportunity to create a “true regional view of the delivery system of healthcare,” which should cut healthcare costs by integrating what is currently a fragmented delivery system, according to the report. Mr. Longenderfer also said in the report that integrated care is necessary for success if Medicare or other payors switch to bundled payments for health episodes.

Read the Central Penn Business Journal’s report on the Pinnacle and WellSpan merger.

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.

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.