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St Lukes Health System

All articles tagged with #st lukes health system

healthcare2 years ago•1 min saved

BJC Healthcare and St. Luke's Health System Officially Merge

BJC Healthcare and St. Luke's Health System have announced a definitive agreement to merge and form an integrated Missouri-based health system, with the transaction expected to close in early 2024. The merger aims to improve access, affordability, and the quality of care for patients by offering advanced and innovative models of care. The combined entity will have around $10 billion in revenue and 28 hospitals, serving as a premier destination for world-class medicine, clinical breakthroughs, and innovative care delivery. The integration will increase capacity in medical advancement, attract top talent, and expedite medical innovation.

via KTVI Fox 2 St. Louis|

#bjc-healthcare #healthcare #integrated-health-system

healthcare2 years ago•2 min saved

"Potential $10 Billion Merger Between BJC and St. Luke's Could Spark More Healthcare Consolidation"

BJC HealthCare's plan to merge with St. Luke's Health System would create one of the largest hospital systems in the area, with over two dozen hospitals in three states. The merger comes as hospitals increasingly look to grow through consolidation. The combined organization would have more leverage in negotiations with insurers, more purchasing power for supplies, and a network to lean on during staffing shortages. The health systems have yet to work out the details and plan to have a definitive agreement by the end of the year.

via St. Louis Post-Dispatch|

#bjc-healthcare #consolidation #healthcare

healthcare2 years ago•1 min saved

Missouri's BJC Healthcare and St. Luke's Health System to Merge

BJC Healthcare and St. Luke's Health System have signed a non-binding letter of intent to merge and form an integrated Missouri-based health system, with hopes to expand healthcare access in Missouri and reach more than six million patients. The merger aims to offer advanced, emerging, and innovative models of care to improve access, affordability, and quality of care offered to patients. Both organizations are working toward reaching a definitive merger agreement in the upcoming months.

via KTVI Fox 2 St. Louis|

#bjc-healthcare #healthcare #healthcare-merger

healthcare2 years ago•3 min saved

BJC HealthCare and St. Luke's to Merge in Missouri-based Health System

BJC HealthCare and St. Luke's Health System have announced plans to merge, with both systems keeping their own names and operating from dual headquarters. The combined health systems will have an even stronger financial foundation, according to BJC's CEO. The deal is expected to close by the end of the year, pending regulatory approval. The merger follows the trend of consolidation in the healthcare industry, as hospitals and insurers alike grow larger to gain advantage in negotiations.

via St. Louis Post-Dispatch|

#bjc-healthcare #financial-foundation #healthcare