Both sides have chosen to end discussions regarding a possible merger
The following joint statement was released this afternoon: Abington Health and Holy Redeemer Health System have decided to end discussions regarding a potential partnership to create a larger health system. Together we had a bold vision that we believe would have served our community well. While we are disappointed, we believe this decision is in the best interest of both organizations. Abington Health and Holy Redeemer Health System will continue to seek opportunities to enhance the health of the communities we serve. Abington Health owns Abington-Health Lansdale Hospital - - - June 27: Abington and Holy Redeemer announce new joint health system July 12: Report: Abington doctors meet to oppose proposed merger
Abington Health and Holy Redeemer sign a 'letter of intent' to form a new health system. Abington, Holy Redeemer and Lansdale hospitals will remain open, each with its own staff
Abington Health and Holy Redeemer Health System today announced a letter of intent to form a new regional health system. Abington Health President and CEO Laurence Merlis and Holy Redeemer President and CEO Michael Laign made the announcement at the Abington Township building, which is across from Abington Memorial Hospital. Abington Memorial, Holy Redeemer and Lansdale hospitals will continue to serve their respective communities, according to Laign, and each will continue to have its own staff. Talks were in the works for about a year. The yet-to-be-named regional health system will now enter a “due diligence period,” which will last up to three months. Then, the boards of each health system will enter into a definitive agreement. Laign …
