Connect with us

Hi, what are you looking for?

Coal Region Canary
Coal Region CanaryCoal Region Canary

Local Business News

LVHN and Jefferson Eyeing Merger

LVHN operates 2 hospitals in Schuylkill County, both in Pottsville.

Lehigh Valley Health Network (LVHN) and Jefferson have announced their intention to merge, a step that could impact health care here in Schuylkill County.

The two organizations have signed a non-binding letter of intent to combine forces, aiming to establish a leading integrated care delivery system. This plan includes a national research university and an expanded not-for-profit health plan.

The merger, pending regulatory approvals and fulfillment of closing conditions, promises to enhance the health and well-being of both rural and urban communities.

LVHN operates two hospitals in Schuylkill County, both in Pottsville.

Advertisement. Scroll to continue reading.

The merger is a strategic response to the evolving health care needs of communities, the companies say in a press release announcing their plans.

LVHN’s President and CEO, Brian A. Nester, DO, MBA, highlights the shared values and commitments of both organizations in saying, “Our alliance with Jefferson is a natural fit. Their success in health plan management and our shared commitment to clinical excellence and education will yield significant benefits, particularly for vulnerable populations.”

Upon completion, the combined entity will operate 30 hospitals and over 700 outpatient care sites.

Post-merger, Cacchione will continue as the CEO of the Jefferson Enterprise. Nester is slated to become the Executive Vice President/Chief Operating Officer and President of the legacy LVHN. The integrated leadership team and Board of Trustees will comprise members from both systems.

The merger between Jefferson and LVHN is expected to be finalized in 2024.

Advertisement. Scroll to continue reading.

Subscribe to Coal Region Canary

Get email updates from Coal Region Canary by becoming a subscriber today. Just enter your email address below to get started!

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

More From The Canary

Local Weather

Are you a glass-half-full or half-empty person?

Local Weather

Hopefully, we can fend off the rain chances in the forecast for Saturday, too.

Local Weather

It'll be one of those days when the high is as high as the low or the low is as high as the high.

Local Weather

Rain moves in at night.

Local Weather

The Spring we all love is back.

Local Weather

The 70s make a comeback after today.

Local Weather

You should be able to get in your daytime plans today.

PA Lottery Numbers

Wednesday's winning numbers

PA Lottery Numbers

Saturday's winning numbers

PA Lottery Numbers

Thursday's winning numbers

PA Lottery Numbers

Sunday's winning numbers