ABINGTON, PA — Abington Health and Holy Redeemer Health System announced their intention to create a new regional health system. The new system, which does not yet have a name, will continue to operate with separate staffs and is expected to complete its merger by Spring 2013.
As part of the merger, Abington has agreed to no longer perform abortions out of respect to Holy Redeemer’s Catholic tradition. While he acknowledged the difficulties of joining together secular and Catholic organizations, Abington Health President and CEO Larry Merlis said “Abington Health will continue to provide a full-range of services of women’s health and reproductive services except for abortions.”
“Under healthcare reform, many quality improvements depend on enhanced coordination of care, which in turn relies upon closer alignment between health systems, physicians and other providers,” said Robert M. Infarinato, chair of Abington Health. “We believe this partnership will facilitate the collaboration that will help both organizations move toward shared goals.”
The announcement was made one day prior to the Supreme Court’s landmark decision to uphold President Obama’s health law. Hospital stocks rose sharply Thursday after the Supreme Court guaranteed them millions more paying customers, according to Huffington Post. “For the hospitals, it means that they get payment and they get more potential customers,” said JJ Kinahan, chief derivatives strategist for TD Ameritrade. Insurers “have to be less selective of their clients, which is bad for them,” he said.
As for Abington/Holy Redeemer, the new organization is expected to provide greater opportunities for innovative care to better meet the increasing demands to maintain state-of-the-art technology, adopt new care models designed to keep communities healthy and reduce the incidence of disease.