Several major providers in Kentucky have agreed to sign a letter of intent to merge into a statewide health services organization that aims to improve care in the Bluegrass State.
Ky. providers plan 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 throughout Kentucky. 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,” said Gene Woods, CEO of St. Joseph Health System, in a statement.
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