Jefferson Health Says LVHS Merger Would Double Its Insurance Business within 2 Years

Jefferson Health’s newly announced integration with Lehigh Valley Health System (LVHS) didn’t begin as a merger discussion. Rather, executives told attendees at the J.P. Morgan Health Conference on Tuesday, the nonprofits were initially exploring a plan to white label Jefferson’s government-focused health plan in Pennsylvania’s Lehigh Valley area. “They said, ‘Well, what about a full asset merger?’ recalled Jefferson Health CEO Joe Cacchione, M.D.. “They had been in the market previously, [and now] we think we can get our projected five-year growth in the health plan [completed] within 18 to 24 months by doing the deal” with LVHS.

Read the full article: Jefferson Health Says LVHS Merger Would Double Its Insurance Business within 2 Years //

Source: https://www.fiercehealthcare.com/providers/jpm24-jefferson-health-says-lvhn-merger-would-double-its-insurance-business-within-2

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