Emory Healthcare and DeKalb Medical cleared their final regulatory hurdle with the Georgia attorney general's approval as the systems plan to officially merge on Sept. 1.
The two health systems started the courtship with a letter of intent in November 2017, and the Federal Trade Commission approved the combination of not-for-profits in March.
Decatur, Ga.-based DeKalb Medical and its three hospitals will operate under Atlanta-based Emory, which includes a seven-hospital network.
As part of the integration, DeKalb Medical's hospital on North Decatur Road will be named Emory Decatur Hospital; DeKalb Medical Hillandale will be named Emory Hillandale Hospital; and DeKalb Medical Long Term Acute Care at Downtown Decatur will be named Emory Long Term Acute Care.
DeKalb Medical has 55 practice locations throughout DeKalb and Gwinnett counties, more than 800 doctors on its medical staff in nearly 50 specialties and 4,000 employees.
DeKalb Medical ended its fiscal 2017 with an operating loss of $22 million, compared with $20.3 million the year before, according to Modern Healthcare's financial database. Through the first nine months of fiscal 2018, DeKalb reported a $22.9 million net loss, up from a $11.2 million net loss over the same period the year prior.
Emory Healthcare is the clinical arm of Emory University's Woodruff Health Sciences Center. Emory has more than 200 provider locations in metro Atlanta and surrounding communities, including nearly 60 urgent-care centers and affiliated CVS MinuteClinics. It has more than 2,000 physicians in 70-plus specialties, including more than 120 in primary care. With 23 regional affiliate hospitals, Emory Healthcare has a footprint in more than 40 counties throughout the state.
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