Ken­tucky providers aim to be­come statewide net­work

Modern Healthcare - - Late News -

Ma­jor providers in Ken­tucky agreed to sign a let­ter of in­tent to merge into a statewide health ser­vices or­ga­ni­za­tion. The sig­na­to­ries are Catholic Health Ini­tia­tives and its lo­cal op­er­a­tion, St. Joseph Health Sys­tem in Lex­ing­ton; Jewish Hos­pi­tal & St. Mary’s Health­Care/Jewish Hos­pi­tal and Health­Care Ser­vices in Louisville; the Uni­ver­sity of Louisville Hos­pi­tal and James Gra­ham Brown Can­cer Cen­ter; and the Uni­ver­sity of Louisville. The let­ter of in­tent in­cludes a cap­i­tal in­vest­ment of more than $300 mil­lion by Catholic Health Ini­tia­tives. The new en­tity will be gov­erned by a com­mu­nity board of trustees and plans to ad­dress health re­form changes, the med­i­cally un­der­served, staffing and technology in­no­va­tion, among other pri­or­i­ties. “Through the cre­ation of this in­te­grated, com­pre­hen­sive net­work, there will not be a health­care need we can­not meet,” Gene Woods, CEO of St. Joseph Health Sys­tem, said in a state­ment.

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