Here’s a look at some of the notable merger and acquisition activity among healthcare providers in Q3 2024.
Jefferson Health and Lehigh Valley Health Network
On Aug. 1, Jefferson Health and Lehigh Valley Health Networkannounced the close of their merger. The two health systems first announced the deal in December 2023. The new system includes 32 hospitals and more than 700 care sites, which will increase care access for patients in eastern Pennsylvania and southern New Jersey.
According to an earlier press release, benefits of the merger include expansion of academic programs and clinical research, better academic pathways for health professionals, a quality-focused care delivery model, and sustainable cash flow.
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