Holy Spirit News

More information about the proposed strategic affiliation between Holy Spirit Health System and Geisinger Health System

Posted: 9 September 2013

More information about the proposed strategic affiliation between Holy Spirit Health System and Geisinger Health System:

Holy Spirit Health System and Geisinger Health System have signed a letter of intent to develop a strategic affiliation that would benefit their collective communities, employees and physicians. The due diligence process and execution of a final agreement is expected to take six to nine months. An affiliation between the two health systems – each recognized for its high-quality care, advanced technology, world-class physicians and operational strength – would enable us to create an even more accessible, efficient and effective healthcare system for the region.

WHY IS HOLY SPIRIT DOING THIS, AND WHAT DOES IT MEAN?

  • Every health system will need to grow and adapt to continue to succeed in what has become a rapidly more competitive, shifting and challenging environment of changing regulations and declining reimbursements.
  • The Sisters of Christian Charity and our Board of Directors are committed to having Holy Spirit Health System remain a vital healthcare partner in south central Pennsylvania. As a catholic community healthcare system, we will continue to be true to our healing mission, core values and ethical and religious directives.
  • Both Holy Spirit Health System and Geisinger Health System are recognized for high-quality care, advanced technology, world-class physicians and operational strength.
  • Together, we can do more to create an even more accessible, efficient and effective healthcare delivery system for the region.

WHY GEISINGER?

  • As another Pennsylvania-based, not-for-profit organization, Geisinger shares many of Holy Spirit’s core values and a common mission of excellent patient care and community service.
  • Geisinger brings a proven record of similar successful ventures. It is a physician-led, integrated system, widely recognized for its innovative use of electronic health records and the development of innovative care models.
  • Geisinger also offers an affiliated health insurance plan and brings nationally acclaimed, patient-centered care to complement Holy Spirit’s strong presence in the Harrisburg area, and reputation for both quality and caring.
  • Geisinger is a model for healthcare of the future – cited by national leaders – and is well positioned to meet the present and future healthcare needs of the community.
  • Physicians play a major role in the leadership of Geisinger, which fosters collaboration among providers across the community.
  • Geisinger brings innovative solutions and the stability that enables investment in employees, technology and services, as well as extensive experience in education, research and patient-centered care.
  • Geisinger annually contributes $6.1 billion to the Pennsylvania economy and has added 9,000 new jobs throughout Pennsylvania over the last decade.
  • Geisinger has a history of partnering with area hospitals and providers to strengthen healthcare delivery across the state.

Many news media have covered the announcement of the signing of the letter of intent:

The Patriot-News/PennLive

Central Penn Business Journal (9/9/13)

CPBJ Extra (9/12/13)

ABC27 (9/9/13)

FOX43 (9/9/13)

The Sentinel (9/9/13)

Daily Item (9/9/13)

WITF (9/9/13)

Becker’s Hospital Review (9/9/13)

Modern Healthcare (9/9/13)

Advance for Nurses (9/25/13)