11/13/2012 2:00:00 PM Trinity Health, Catholic Health East explore consolidation
Catholic News Service
Two of the United States’ largest Catholic hospital systems, Michigan-based Trinity Health and Pennsylvania-based Catholic Health East, are exploring consolidation.
Trinity, itself a merger of hospital systems founded by the Religious Sisters of Mercy and the Sisters of the Holy Cross, and Catholic Health East, which can identify eight co-sponsors -- including four provinces of the Sisters of Mercy of the Americas -- would form one of the nation’s largest Catholic health systems, and the 10th-largest U.S.-based hospital chain overall, if a consolidation is approved.
Catholic Health East operates in 11 states: Maine, Massachusetts, New York, Connecticut, Rhode Island, Pennsylvania, New Jersey, North Carolina, Georgia, Alabama and Florida. It runs 35 hospitals, 57 long-term care, independent and assisted-living and affordable housing communities, and register nearly 2 million visits to its home health and hospice programs.
Trinity operates in 10 states: Maryland, California, Oregon, Idaho, Nebraska, Iowa, Illinois, Indiana, Ohio and Michigan. It runs 47 hospitals, 32 long-term care, independent and assisted-living and affordable housing communities, and registers 750,000 million visits to its home health and hospice programs.
More than 87,000 employees, including 4,100 employed physicians, would provide care in the proposed new system. A consolidated entity also would have a combined $13.3 billion in annual operating revenue and provide an estimated $938 million in “community benefit ministry,” meaning care for the poor.