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Research Outline
Prepared for BreAnn K. | Delivered April 14, 2020
Growing Healthcare Systems: Northeast
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Goals
To provide a list of the fastest growing healthcare/hospital networks in the U.S., specifically in or adjacent to the Northeast region of the U.S.
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Early Findings
Becker's Hospital Review
created a list of the "52 Great Healthcare Systems to Know" in 2018. Included in this list of 52 were multiple healthcare systems located in the Northeast region of the U.S. Some of these
included
Christiana Care Health Systems (Wilmington, DE),
G
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(
D
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, PA), Partners Healthcare (Boston, MA), and UPMC (Pittsburgh, PA).
Becker's Hospital Review also created a list of the
largest healthcare systems in the U.S.
This list covered all the country and included some healthcare systems in the Northeast.
V
i
b
r
a
Healthcare
(
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h
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n
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g
, PA) is made up of 65 hospitals, over 9,000 employees, and 65 specially acute care hospitals and was included on the aforementioned list. This system has significantly grown over the last 15+ years since it was started in 2004.
2016-2018
were major years for healthcare system mergers.
A major healthcare system that was finalized in 2018 was the merger of the
Atrium Health and Navicent Health
in the
C
a
r
o
l
i
n
a
s
. The merger combines the
C
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r
o
l
i
n
a
s
-based healthcare system with the Georgia-based system.
In 2019, Atrium Health sought to merge with
Wake Forest Baptist Health
which would create a system with a potential revenue of $13 billion in revenue and 50 hospitals.
Atrium Health
seeks to expand outside of the
C
a
r
o
l
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n
a
s
into other parts of East coast. This was included because this region is adjacent to the Northeast and shows evidence of a healthcare system that is quickly growing and expanding across the East coast.
The
Harvard Pilgrim-Tufts merger
is currently ongoing (should be completed in 2020) and could potentially serve 2.4 million people in the New England area.
This merger
is currently significant as Tufts is in the process of expanding its
t
e
l
e
h
e
a
l
t
h
programs.
Another merger that is set to be completed in 2020 is the
Dartmouth-Hitchcock-GraniteOne Health
merger out of New Hampshire. The
merger was first introduced
to reach more patients and protect the state's only academic medical center from other companies and outside forces.
Another major merger in the Northeast was the merger between N.Y.-based Health Quest and
D
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n
b
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r
y
-
b
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s
e
d
Western Connecticut Health Network that became
Nuvance Health
. The
merger
is expected to create $2.4 billion in revenue, serve 1.5 million residents, and have more than 12,000 employees.
Summary of Initial Research
While our initial one-hour research wasn't able to find an exact list of the growing healthcare systems in the Northeast, we were able to find some key mergers that occurred in 2019 or are expected to be finalized in 2020 in this area that could have an affect going forward.
We also provided a few of the largest healthcare systems in the U.S., specifically those that are located in the Northeastern area of country.
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