Trinity Health Combines St. Joseph Mercy Health System, Mercy Health
Crain’s Detroit Business
Livonia-based Trinity Health based in southeast and west parts of Michigan is combining its St. Joseph Mercy Health System and Mercy Health into one statewide system.
The new system will consist of 10 hospitals and employ around 22,500, the release said. It will have 2,357 licensed beds, nine outpatient health centers, 12 urgent care centers and 35 specialty facilities.
The effort comes under Trinity Health's nationwide "strategy to integrate teams and resources" and will help strengthen the brand, the release said. A name for the newly combined system has not yet been selected.
Trinity Health's Michigan operations netted nearly $3.2 billion in net patient revenue in 2016, according to Crain's 2016 list of the largest Michigan hospital companies.
"Our new statewide system will enable our ministries to integrate our leadership in clinical and business operations throughout Michigan. For the communities we serve, this means it will enhance our clinicians' ability to share resources and ideas that people need in their care journeys," Mike Slubowski, president and COO of Trinity Health, said in the release. "Roger and Rob have been superb leaders in their regions, and we look forward to their roles in the new structure."
Trinity Health operates in 22 states. It employs about 131,000 across 93 hospitals and 109 continuing care facilities. It reported annual operating revenues of $17.6 billion in fiscal 2017, a 7.9 percent increase over fiscal year 2016, and assets of about $24.7 billion in fiscal 2017, according to its yearly report.
The deal announced Wednesday is the latest in Michigan health care system mergers.
Rob Casalou, St. Joseph Mercy regional president and CEO, will lead the joined system as president and CEO starting Jan. 1, according to a news release.