Saint Peter's seals ultimate deal to hitch Atlantic Well being
New Jersey-based healthcare suppliers Saint Peter's Healthcare System and Atlantic Well being System have formalized their merger plans, with a definitive settlement.
The combination will ship speedy advantages for sufferers, physicians and healthcare suppliers, with vital investments deliberate for Sint-Pieters.
In January 2024, the organizations signed a letter of intent to combine their networks.
This merger is poised to carry vital enhancements to healthcare within the communities served by Saint Peter's, together with the mixing of scientific companies, growth of the doctor community and substantial capital investments.
Atlantic Well being System will change into Saint Peter's sole company member upon completion of the deal. Regardless of the merger, Saint Peter's will retain its Catholic identification.
One of many first initiatives undertaken upon completion of the deal would be the deployment of Epic's digital well being report (EHR) platform in Sint-Pieters.
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Saint Peter's sufferers may even have speedy entry to superior knowledge analytics capabilities, because of Atlantic Well being System's vital investments on this space.
These instruments are anticipated to allow extra knowledgeable choice making, which is able to result in higher affected person outcomes and value financial savings, as demonstrated by Atlantic Well being's accountable care organizations.
As well as, Saint Peter's physicians could have the chance to hitch Atlantic Well being's affiliated doctor group practices and applications.
The 2 sides at the moment are centered on acquiring approval from federal, state and church authorities to finalize the deal.
Leslie D. Hirsch, president and CEO of Saint Peter's, mentioned, “We’re excited to hitch Atlantic Well being with its stellar popularity for excellence in affected person care that aligns nicely with our tradition and mission. This makes Saint Peter's a powerful presence will stay within the central New Jersey space and the neighborhood will function a Catholic hospital for many years to return.”
