Froedtert Health and ThedaCare have begun the process of merging their organizations into one, with the goal of launching a combined health system by the end of 2023.
The Wisonsin hospital systems signed a letter of intent to combine and said the merger is aimed at improving the health and well-being of their patients and communities, reports Wisconsin Public Radio.
The announcement follows a partnership the hospitals formed in September 2022. That partnership involved Froedtert providing specialty care to ThedaCare patients and ThedaCare providing after-care closer to home to those who have procedures at Froedtert.
The health systems say combining into one organization will build on their past work together to close health care gaps, recruit and retain staff and develop innovations to meet patient needs.
ThedaCare and Froedtert will spend the next several months working out the details of a definitive agreement that will outline the combined health system’s commitments, officials said. The combined organization will be governed by an 18-member board with representatives from both organizations that include the presidents of Froedtert and ThedaCare, hospital officials said. Read more.
