Greensburg, Pa.-based Excela Health and Butler Health System have signed a definitive agreement to merge into a five-hospital system that is projected to generate more than $1 billion a year in revenue. Excela CEO John Sphon doesn’t expect either patients or staff to experience much of a difference in how they access or provide care as the Greensburg-based hospital system moves forward with a merger with Butler Health, TribLive reports.
Sphon opened up about the plan as the two organizations announced they had entered into a definitive agreement. That followed a June 1 announcement and moves the two systems toward finalization of the deal.
“With this merger, it will actually enhance our medical staff. (We’ll) be able to provide additional services and expand our reach,” he said. “Both organizations provide some very high-quality care in their own right. As we combine, we will be able to enhance that.”
For patients, it’s not likely that someone in Excela’s region would need to travel to Butler to see a doctor, Sphon said.
If the deal closes, the merger would create the third largest health system in Pennsylvania. Read more.
