The strategic partnership will expand UnityPoint’s service area and give Meriter access to greater efficiencies, according to a news release. Additionally, the two healthcare organizations can further develop a value-based method of care delivery by combining operations.
Under the agreement, UnityPoint will also take an ownership interest in Meriter’s HMO, Physicians Plus Insurance.
Financial terms of the deal were not disclosed. The next step will be preparing the necessary filings with the appropriate regulatory agencies to move forward with the affiliation. Mertier and UnityPoint have not yet specified when they expect to sign a definitive agreement.
More Articles on Health System Affiliations:
Partners, Hallmark Health Sign Affiliation Deal
St. Vincent Health, Monroe Hospital Discontinue Management Agreement
Lakes Regional Healthcare, Avera Health Agree to Affiliate
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
