Bon Secours Health System and Mercy Health announce intent to merge
Bon Secours Health System, a Catholic health ministry serving residents across the East Coast, and Mercy Health, a Catholic health ministry serving Ohio and Kentucky, announced their intent to merge, creating one of the largest health systems in the country, spanning seven states in the eastern half of the U.S.
Together, Mercy Health and Bon Secours rank in the top-performing quartile of Catholic health systems for low-cost, high-quality patient care, promoting healthier lives and creating more affordable healthcare for residents across an expanded footprint. The merger creates the fifth largest Catholic health system in the country, allowing the new entity to leverage economies of scale by integrating resources and teams across the ministries.
The merger will create one of the top 20 health systems in the nation with $8 billion in net operating revenue and $293 million in operating income. This strong operating margin allows the two organizations to advance their shared ministry and reinvest in community benefit.
Merger highlights:
- 57,000 associates and more than 2,100 employed physicians and advanced practice clinicians
- More than 10 million patient encounters across seven states, with 43 hospitals and more than 1,000 care sites
- Robust post-acute care services with more than 50 home health agencies, hospice agencies, and skilled nursing and assisted living facilities
- Almost $2 million per day in community benefit, serving the most vulnerable in service areas
In the coming months, both parties will work together to finalize a definitive merger agreement, obtain applicable approvals and complete plans to merge. While there is no specific date outlined, executives at both Mercy Health and Bon Secours expect to complete this merger by the end of the calendar year.
