WATERBURY – St. Mary's Health System has agreed to become part of Trinity Health, which also is absorbing St. Francis Care, the hospitals announced on Sept. 18.
The agreement outlines how St. Mary's' membership in the new Trinity Health region, which includes the Sisters of Providence Health System, in Springfield, Mass., will help provide better health, better care and lower costs for the communities it serves.
"Today we committed to combining strengths to deliver high-quality, value-based accountable care," said Chad W. Wable, who will continue in his current role as president and CEO of St. Mary's Health System. "Together we will be able to improve patient safety, patient satisfaction and population health in all of our communities."
The agreement with St. Mary's was signed just before St. Francis Care officially joins with Trinity Health, a decision announced in December 2014 and expected to be finalized in October.
"The addition of the St. Mary’s Health System to our emerging regional partnership is an exciting development that promises to dramatically expand the delivery of progressive health care in New England," said Christopher M. Dadlez, president and CEO of St. Francis Care, who will to be the future president and CEO of Trinity Health's New England region. "The care we provide will be people-centered and mission-focused, and our partnership will bring us not only a shared vision but resources to strengthen us in the future."
Following the completion of all regulatory approvals, Trinity Health, St. Mary's, St. Francis Care and Sisters of Providence Health System will build a clinically integrated health care delivery system with the goal of delivering an unequaled combination of health care quality and value to residents across Connecticut and western Massachusetts.
"As we continue building our people-centered health system, we consider aligning with quality organizations among our highest imperatives," said Scott Nordlund, executive vice president of growth, strategy and innovation at Trinity Health. "With these partners, their capabilities and geographies, this will be a very strong region with the potential to make a significant impact on health and wellness in New England."
The New England region and its members will benefit from Trinity Health services that provide operational expertise, as well as existing programs related to clinical excellence, population health, retail health care, and information technology. Trinity Health benefits as well, with the opportunity to continue expanding its presence in New England through both strategic and organic growth opportunities.
"With its clinically integrated and strong ambulatory service facility network, St. Mary's is perfectly suited to helping us reach our goals," said Rick O'Connell, executive vice president, East Group, Trinity Health. "I look forward to welcoming its colleagues and to seeing our new region in New England achieve all of its potential."
Among the approvals needed for St. Mary's to join Trinity Health and St. Francis Care are customary regulatory approvals from state and federal agencies and those granted by the Archdiocese of Hartford as well as any other approvals required by Canon Law.
Trinity Health is one of the largest multi-institutional Catholic health care delivery systems in the nation. It serves people and communities in 21 states with 86 hospitals, 126 continuing care programs – including PACE, senior living facilities and home care and hospice services that provide nearly 2.5 million visits annually.
With annual operating revenues of about $14.3 billion and assets of about $20.4 billion, the organization returns almost $900 million to its communities annually in the form of charity care and other community benefit programs.
Trinity Health employs about 95,000 people, including 3,600 employed physicians. It is known for its focus on the country's aging population. As a single, unified ministry, the organization is the innovator of Senior Emergency Departments, the largest not-for-profit provider of home health care services – ranked by number of visits – in the nation, as well as the nation’s leading provider of PACE (Program of All Inclusive Care for the Elderly) based on the number of available programs.