St. Joseph’s Announces Intent to Align with CHE Trinity Health
St. Joseph’s Hospital Health Center will join CHE Trinity Health, both organizations announced today following the signing of a non-binding Letter of Intent by their boards.
Syracuse, NY and Livonia, Mich. (PRWEB) July 11, 2013
St. Joseph’s Hospital Health Center will join CHE Trinity Health both organizations announced today following the signing of a non-binding Letter of Intent by their boards. CHE Trinity Health was formed in May 2013 when Catholic Health East and Trinity Health merged to form a new Catholic health care system with operations in 21 states, becoming the second-largest Catholic health care provider in the United States The move would transition the sponsorship of St. Joseph’s from the Sisters of St. Francis of the Neumann Communities to Catholic Health Ministries, the entity that sponsors CHE Trinity Health.
“When CHE and Trinity Health consolidated, we saw a new organization of which we wanted to be a part because of the promise its new ministry offers. We are very pleased to be aligning with an organization that not only shares our mission of service but also has a national reputation for developing collaborative quality care,” said Kathryn Ruscitto, president and chief executive officer of St. Joseph’s. “This alignment will provide a strong financial foundation for the future of St. Joseph’s and help ensure our ability to meet the potential challenges of health care reform.”
Ruscitto explained that the move will enable St. Joseph’s to access the resources and economies of scale provided by a large health system while continuing to provide exceptional care with the same providers patients have come to know and trust.
“Most importantly, St. Joseph’s will retain its governance structure and continue to operate locally, while gaining additional support from the breadth of CHE Trinity Health’s combined strength, educational opportunities and best practices,” Ruscitto said.
“CHE Trinity Health is committed to strengthening Catholic health care in the United States and we are delighted that St. Joseph's Hospital Health Center shares our future vision,” said Judy Persichilli, interim president and chief executive officer, CHE Trinity Health. “With our scale and scope, commitment to exceptional care, and a unified voice for serving vulnerable people, we believe that we can help St. Joseph’s Hospital Health Center meet the challenges of health care reform and continue to provide outstanding care for residents of Central New York.”
“The Sisters of St. Francis fully support St. Joseph’s decision to align with CHE Trinity Health,” said Sister Roberta Smith, general minister of the Sisters of St. Francis. “We strongly believe CHE Trinity Health will provide a strong vision, bound by faith, for the future of St. Joseph’s and the benefit of the Central New York community. We remain committed to the mission of St. Joseph’s and will continue to lend our spiritual support for the compassionate good works of the institution.”
Over the coming months, St. Joseph’s will be working closely with CHE Trinity Health to perform the necessary due diligence required before finalization of an agreement, as well as educate all stakeholders on the significant benefits this relationship will bring to the Central New York community. When CHE Trinity Health joined together in May 2013, the new organization indicated it would welcome other health systems that shared its vision. The non-binding LOI is the first such agreement CHE Trinity Health has entered into since consolidating.
St. Joseph’s Hospital Health Center is a non-profit, 431-bed hospital and health care system in Syracuse, New York, providing services to patients in 16 counties in Central New York State. Through prevention programs and the latest diagnostic treatment procedures, St. Joseph's works with patients to achieve optimum long-term health. A 14-time winner of the National Research Corporation Consumer Choice award, St. Joseph’s is affiliated with Franciscan Companies and sponsored by the Sisters of St. Francis.
CHE Trinity Health is one of the largest multi-institutional Catholic health care delivery systems in the nation. It serves people and communities in 21 states from coast to coast with 82 hospitals, 89 continuing care facilities and home health and hospice programs that provide nearly 2.8 million visits annually. It was formed in May 2013, when Trinity Health and Catholic Health East closed their consolidation to strengthen their shared mission, increase excellence in care and advance transformative efforts with their unified voice. With annual operating revenues of about $13.3 billion and assets of about $19.3 billion, the new organization returns almost $1 billion to its communities annually in the form of charity care and other community benefit programs. It employs more than 87,000 people, including 4,100 employed physicians. The consolidated ministry is committed to those who are poor and underserved in its communities and 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 and 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 programs. For more information, visit http://www.trinity-health.org, http://www.che.org or http://www.newhealthministry.org.
For the original version on PRWeb visit: http://www.prweb.com/releases/2013/7/prweb10917287.htm