forms basis for meaningful population health efforts in New England
(Hartford, Conn. and
Livonia, Mich. December 17, 2014) – Saint Francis Care will join Trinity Health,
a leading national health system, under the terms of a definitive agreement, the
two systems announced today.
The organizations will combine strengths in inpatient, outpatient and
continuing care settings to better serve patients. Together, they will expand, in
New England, Trinity Health's vision of becoming a people-centered health
focus on building a people-centered health system fits very well with Saint
Francis Care’s strategy, capabilities and commitment to
their communities. We look
forward to Saint Francis Care joining
Trinity Health and working together to better serve people across the region,"
said Richard J. Gilfillan, M.D., president and CEO, Trinity Health.
definitive agreement outlines the creation of a non-profit regional health
system that includes Saint Francis Care
and the Sisters of Providence Health System in Springfield, Mass., already a
member of Trinity Health. The new regional health system will embody both
organizations' shared commitments to Catholic values and high-quality,
high-value health care. Christopher Dadlez, president and CEO, Saint Francis Care will lead the new regional
is an important milestone expanding our ability to work with community
physicians and clinicians to deliver outstanding, coordinated care to our
patients and communities,” said Dadlez.
"Together, we will take progressive, innovative steps on diverse fronts,
like this one, to capture opportunities being presented by the revolutionary
changes sweeping today’s delivery of health care. Consistent with our legacy of
providing high-quality, low-cost clinical care for patients, we will continue
to capitalize on initiatives that are leading-edge and sustainable, and to pioneer
P. Moen will continue to serve as president and CEO, Sisters of Providence
Health System, and play a significant role in the formation of the new regional
“The Sisters of Providence Health System serves thousands of
people every year, ensuring they receive
the highest quality care and best patient or resident experience possible,”
said Moen. “United in a regional ministry with Saint Francis Care,
we will expand access to our top-tier, people-centered health system.”
The merger is expected to provide better care coordination
for people in New England, as well as provide models that could be shared
across the Trinity Health system.
strategic partnership with Saint Francis Care
enhances our leadership in the Hartford and Springfield regions while bringing
some significant population health management expertise into our system,"
said Scott Nordlund, executive vice president, Growth, Strategy and Innovation,
Trinity Health. "We look forward to this merger that will expand services
for people and communities in in the
benefit to Saint Francis Care will be
Trinity Health's outstanding credit rating, which will significantly improve its
access to capital and cost of financing.
"Saint Francis has consistently demonstrated its ability to be progressive in its delivery of world-class care while maintaining its long-standing Catholic tradition of quality and compassionate care," said Dan
O’Connell, Chairman of the Board of
Directors, Saint Francis Care.
"Operating from our position of financial and clinical strength,we have been evaluating how best to position Saint Francis and continue its non-profit status as health care delivery continues to evolve,and we have concluded that this opportunity provides us with the potential to create a powerful, regional presence."
announcement comes after eight months of discussions and due diligence efforts
to create a strategic partnership that would greatly enhance care in New
England. The agreement has been approved by the Archdiocese of Hartford, which
sponsors Saint Francis Care, and is
subject to further approvals required by Canon Law, and to regulatory approvals from state and federal agencies. It is
expected to be completed by late 2015.
Once the partnership is
complete, Trinity Health will ensure the investment of at least $275 million
over the next five years to support the health care needs of the community
through capital projects in the new region.
About Trinity Health
Health is one of the largest multi-institutional Catholic health care delivery
systems in the nation. It serves people and communities in 21 states with 86
hospitals, 128 continuing care facilities and home health and hospice programs
that provide nearly 2.8 million visits annually. With annual operating revenues
of about $13.6 billion and assets of about $19.3 billion, the organization
returns almost $900 million to its communities annually in the form of charity
care and other community benefit programs. Trinity Health employs about 89,000
people, including 3,300 employed physicians. Committed to those who are poor
and underserved in its communities, Trinity Health is known for its focus on
the country's aging population. As a single, unified ministry, the organization
is the innovator of Senior Emergency Departments, the largest not-for-profit
provider of home health care services —ranked by number of visits — in the
nation, as well as the nation’s leading provider of PACE (Program of All
Inclusive Care for the Elderly) based on the number of available programs. For
more information, visit www.trinity-health.org.You can also follow
@TrinityHealthMI on Twitter.
About Saint Francis Care
Saint Francis Care is an integrated healthcare delivery system established by
Saint Francis Hospital and Medical Center, an anchor institution in north
central Connecticut since 1897. Licensed for 617 beds and 65 bassinets, it is a
major teaching hospital and the largest Catholic hospital in New England. Other
major entities of Saint Francis Care
include The Mount Sinai Rehabilitation Hospital, the Connecticut Joint
Replacement Institute, the Hoffman Heart and Vascular Institute of Connecticut,
the Saint Francis/Mount Sinai Regional Cancer Center, the Joyce D. and Andrew
J. Mandell Center for Comprehensive Multiple Sclerosis Care and Neuroscience
Research, and Saint Francis HealthCare
Partners. Johnson Memorial Medical Center, parent organization of Johnson
Memorial Hospital, Evergreen Health Care Center, and Home and Community Health
Services is also a Saint Francis Care
Partner. Saint Francis Care's
services are supported by a network of five major Access Centers and eight
additional medical office centers sited throughout the region. For more
information, visit www.stfranciscare.org.
Sisters of Providence Health System
Sisters of Providence Health System (SPHS) has established itself as one of the
leading providers of health care services in Western Massachusetts. SPHS
includes Mercy Medical Center, a 182-bed acute care hospital in Springfield;
Providence Behavioral Health Hospital,
located in Holyoke and licensed for 126 beds; Weldon Rehabilitation
Hospital, a comprehensive hospital-based rehabilitation center on the campus of
Mercy Medical Center; Brightside for Families and Children, an outpatient
service offering counseling and family support programs; two outpatient
substance abuse treatment centers; and Mercy Continuing Care Network that
includes skilled nursing facilities, residential care facilities, an
adult day health program, Mercy Homecare, Mercy Hospice and Mercy LIFE, a
Program of All-inclusive Care for the Elderly. More information about
SPHS is available at www.mercycares.com.