Healthcare Business News

Geisinger, AtlantiCare move forward on integration deal

By Bob Herman
Posted: May 27, 2014 - 2:15 pm ET

Geisinger Health System is one step closer to expanding its reach beyond its native Pennsylvania. The Danville, Pa.-based provider has signed a definitive agreement to absorb Atlantic City, N.J.-based AtlantiCare.

AtlantiCare, a system consisting of a multi-campus teaching hospital, signed a letter of intent with Geisinger in November. Financial terms of the deal were not disclosed. Wendy Wilson, a spokeswoman for Geisinger, said at the time that the deal was neither an acquisition nor a merger, but called it an “integration” that is part of Geisinger's “growth strategy.”

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Geisinger has aggressively expanded its operations in Pennsylvania in recent years, acquiring Lewistown Hospital, Community Medical Center and Bloomsburg Health System. The system also has a pending affiliation deal with Holy Spirit Health System in Camp Hill, Pa.

Follow Bob Herman on Twitter: @MHbherman

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