“We think that being together will help us attract additional physicians in additional areas.”īutler Health System President and CEO Ken DeFurio called it “a major step forward in the process to redefine locally controlled, community-based care,” in a statement. “If you look at each of our organizations individually, we felt that we were better together than apart,” he said. Sphon expects the merger will add resources to both regions and help to attract new staff members. We are now one step closer in realizing a goal that will have a dramatic and positive impact on health care for those we serve,” said John Sphon, Excela Health CEO, in a statement. “This is a very important development for our respective organizations and the proposed new system. When combined, the system is expected to employ 7,300 people and have more than 1,000 physicians and practitioners to serve about 750,000 people in Butler, Clarion and Westmoreland counties. The agreement announced Friday means they will move ahead with the state and federal regulatory approvals, which are expected to be completed by the end of the year. The two networks signed a letter of intent to merge on June 1. Sources: Excela Health, Butler Health System, UPMC, Allegheny Health NetworkĮxcela Health and Butler Health System completed another step toward becoming one by entering into a definitive merger agreement, moving forward with a plan expected to generate more than $1 billion in revenue. Number of facilities: 14 hospitals and more than 200 primary and specialty care practices at more than 300 locations.Īnnual revenue: $154 million for the year ending Dec. Number of facilities: 40 hospitals, 800 doctor's offices and outpatient sites, 28 senior communitiesĪnnual revenue: $24 billion in operating revenue in 2021Įmployees: 2,600 physicians and more than 21,000 employees Operating income: Reported an operating loss of $8.2 million during the same period.Įmployees: 4,900 employed doctors, 92,000 staff members Number of facilities: Two hospitals: Butler Memorial and Clarion, 72 outpatient locationsĪnnual revenue: $405.1 million in operating revenue in the third quarter of fiscal year 2022
Operating income: Saw an operating loss of $10.5 million, for the same period.Įmployees: More than 3,000 employees, 270 providers
Employees: 700 physicians, more than 4,800 employees and 797 volunteersĪnnual revenue: $500.1 million in operating revenues for the nine months ending March 31
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