The Butler and Clarion healthcare systems are merging.
The two entities announced Thursday they have signed a definitive agreement to integrate the Clarion Healthcare System and its affiliates, including Clarion Hospital, into Butler Health System.
The two groups announced their intent to merge earlier this year and spent the last few months negotiating a final agreement.
“BHS and CHS announced the signing of a letter of intent in February, following the CHS Board’s selection process. Since then, BHS and CHS have conducted extensive due diligence,” according to a press release distributed Thursday by the Butler Health System. “Due diligence includes the study of each organization’s assets and liabilities, operations, and financial performance. With due diligence substantially complete and the definitive agreement executed, the proposed transaction will now be sent to regulatory authorities for review and approval. These authorities include without limitation the PA Office of Attorney General and Department of Health.”
Both systems believe by combining their efforts, they can solidify the future of care in their communities.
“The proposed transaction will build upon the strengths of CHS and BHS,” according to the release. “By working with BHS, CHS will be in a stronger position to make strategic investments in new programs, services and technology, all of which are important to keeping quality care close to home.”
Clarion Healthcare System is composed of four affiliates: Clarion Hospital, Health Services of Clarion, Inc., Clarion Development Corporation, Inc., and Clarion Hospital Foundation, all located in Clarion Pennsylvania. Clarion Hospital is a licensed 70-bed community hospital and provides 24-hour emergency department, and includes an eight bed inpatient rehab center, women’s health and birthing services, advanced wound healing hyperbaric center, sleep lab, ICU and a Cancer Center offering chemotherapy and radiation therapy.
Butler Health System, located in Butler, Pennsylvania, is the parent of Butler Memorial Hospital, its affiliates, and a number of subsidiaries. Butler Memorial hospital is a 326-bed acute-care facility with a broad range of surgical, medical, emergency, and psychiatric services. Butler Health System employs 200 physicians and advanced providers through Butler Medical Providers.
BHS includes 72 outpatient locations across eight counties in Western Pennsylvania. BHS employs more than 2500 people.
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