Topics such as leadership and new system name will be determined. Sphon and DeFurio emphasized that more specific details of the new entity will be agreed upon and move forward through mutual agreements as the definitive documents are completed. “Our alignment on these important elements of a partnership will provide great value as we move forward,” Sphon commented. Sphon and DeFurio highlighted that Excela and Butler are culturally aligned, share deep mutual respect, and a common vision on national and regional industry transformation. This combination will support 5 hospitals which includes Butler, Clarion, Frick, Latrobe and Westmoreland Hospitals. When finalized, the new health system would generate over $1 billion in revenue, employ approximately 7,300 people, and have over 1,000 physicians and practitioners that serve a population of 750,000. ![]() “We are pleased that this partnership amplifies our ability to provide tertiary care, yet remain physician led and community focused.”īoth Sphon and DeFurio emphasized that the combined organization will present the requisite scale to accelerate and elevate its relevancy and essentiality in the region’s highly competitive healthcare marketplace. “The new System will provide additional services and better access to those services,” added Ken DeFurio, President and Chief Executive Officer at Butler Health System. In doing so, we can enhance access to care, decrease the cost of care and continue to focus on providing improved experiences and outcomes for patients,“ said John Sphon, Excela Health Chief Executive Officer. “We believe strongly that our new partnership will extend our intellectual and financial capital. ![]() “The merger with Excela will continue expanding health care and providing for the residents of Butler County.GREENSBURG, PA, J… Officials at Excela Health and Butler Health System today announced they have signed a Letter of Intent to combine their respective organizations into a new health system serving western Pennsylvania. “I look forward to the economic expansion and job creation the merger could bring,” Grady said. Jordan Grady, president of the Butler County Chamber of Commerce, said in June when the merger was in its early stages that he is optimistic about the future of health care in the county. “It marks a turning point that will change the landscape of health care in our region for the betterment of both Excela and Butler and, most importantly, the patients we will serve together,” Sphon said. Sphon, too, said the merger will change the entire region. “We now look forward to implementing the opportunities that we’ve identified and discovering new ones.” “Over the past year, both boards invested an immense amount of work, time and energy to determine if this merger made sense,” DeFurio said. He will then remain a trustee for the system.Īccording to DeFurio, the merger was a large investment of time by the administrators of both health systems. John Sphon, CEO of Excela, will retire in March, but will serve in an advisory capacity at the new system for several months. Ken DeFurio, former president and CEO of BHS, will be the president and CEO of the new system. ![]() The new health system will employ approximately 7,300 people and have more than 1,000 physicians and practitioners that serve a population of 750,000. The latter three hospitals are in Westmoreland County. The agreement includes Butler Memorial Hospital, Clarion Hospital, Frick Hospital, Latrobe Hospital and Westmoreland Hospital. The definitive agreement and other legal documentation had been submitted to the state and federal government for review, according to a Tuesday news release from Butler Health System. Shane Potter/Butler EagleĪ merger between Butler Health System and Excela Health has been finalized as of Sunday, officially creating a new health system serving Western Pennsylvania. The Tower entrance at Butler Memorial Hospital on a rainy January afternoon.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |