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Catholic Health East and Trinity Health plan merger

Two of the country’s largest Catholic health systems – Pennsylvania-based Catholic Health East and Michigan-based Trinity Health – announced Wednesday plans to merge.

If the two organizations consolidate, their merger will create a national health system serving 21 states and will have 82 hospitals, 89 continuing care facilities and home health and hospice programs and more than 87,000 employees, including 4,100 physicians. Operating revenues are estimated at about $13.3 billion and assets at about $19.3 billion.

“To serve people best in today's healthcare environment, health systems must have ready access to resources and ideas across the broad spectrum of care, and this consolidation would help us achieve that goal with an exceptional national network," said Joseph Swedish, president and CEO, Trinity Health, in a statement about the merger. "We are excited about the benefits our combined organizations will bring to people and communities nationwide."

“By bringing Catholic Health East and Trinity Health together, we will enhance our ability to create innovative models of care and advance clinical quality across the continuum," said Judith Persichilli, president and CEO, Catholic Health East, in the same statement. "This is a wonderful opportunity for both ministries to build upon our common mission, and enhance our collective ability to be a transforming, healing presence in the communities we are privileged to serve."

Financial terms were not disclosed. The two organizations plan on reaching an agreement by next spring. If the merger goes through, Joseph Swedish would become president and CEO of the new health system and Judith Persichilli would become executive vice president.