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.
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