Trinity Health and CommonSpirit Health have reached an agreement under which Trinity Health will acquire all facilities and assets of MercyOne, a regional health system based in Iowa. Since 1998, MercyOne has operated under a joint operating agreement between nonproift Catholic healthcare organizations Trinity Health and Catholic Health Initiatives, which is now CommonSpirit.
MercyOne, which serves more than 3.3 million patients each year, includes 16 medical centers, 27 affiliate organizations and more than 420 care sites offering a range of health and wellness services.
Trinity Health and CommonSpirit determined a sole parent is the best path forward for MercyOne and for the communities it serves. Michigan-based Trinity Health, a national health system spanning 25 states, said it would bring unified strategies and operations to MercyOne’s care sites, including one set of system services.
As an example, MercyOne will transition to Trinity Health’s common platforms, including a single electronic health record (EHR).
“True to our shared Catholic mission, our goal is to provide high-quality, compassionate care with the best patient/member experience possible. We will accomplish that goal through a holistic approach, with a range of health services and technologies that are fully connected and coordinated,” said Mike Slubowski, president and chief executive officer at Trinity Health, in a statement. “This agreement creates a fully integrated MercyOne to care for more people in a unified way.”
Trinity Health and CommonSpirit will now plan for integration, complete regulatory filings, and take other steps necessary to finalize the transaction, which is expected to be completed in summer 2022.
“After two decades of successful collaboration, we are immensely proud of our partnership with Trinity Health and our efforts to advance health care statewide,” said Marvin O’Quinn, president and chief operating officer at CommonSpirit Health, in a statement. “While the current structure has been instrumental in growing our healthcare services in Iowa, we believe this decision is ultimately what is best for our patients, colleagues, and our communities.”
