LVHN and Jefferson Health Proceed with Merger in Lehigh Valley Region

In Pennsylvania, a merger between two health networks is set to take place. Lehigh Valley Health Network (LVHN) and Jefferson Health have signed a definitive agreement to combine, LVHN announced in a statement on Wednesday. The deal is expected to be completed this summer, pending final reviews and execution of closing conditions. The health networks had previously announced their intent to merge in December.

The new health system will be among the 25 largest in the country, with patients having access to 30 hospitals and 700 outpatient sites. The combined workforce will consist of 65,000 people, according to LVHN. As for leadership of the integrated system, Jefferson’s CEO, Joseph Cacchione, will continue to serve as CEO of the Jefferson enterprise. LVHN’s president and chief executive officer, Brian Nester, will serve as executive vice president/chief operating officer of the Jefferson enterprise and president of the legacy LVHN, reporting directly to Cacchione. Nester had previously stated that since the existing networks are not overlapping, no job cuts were expected. However, he noted that down the road there could be some as the new network looks at synergies between its collective facilities.

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