Cooperating for better care.

Reynold Jennings

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Big ‘merger of equals’ in Atlanta?

 

WellStar Health System and Emory University are  considering creating  a combined organization to bring nearly a dozen hospitals under a single umbrella.

“This is a true merger of equals that is very unique,” said Reynold Jennings, WellStar’s CEO. “We’re really doing this to create a strong, vibrant, full-service healthcare system.” (In such cases, execs like to talk about “mergers of equals,” but that’s almost an oxymoron in reality;  there’s  almost always a dominant partner, and of course much  can be explained by executives’ financial rewards in a merger.)

Modern Healthcare says: “The plan calls for creating a yet-unnamed company that will include Emory’s Atlanta-based hospitals and post-acute-care assets as well as WellStar’s hospitals and post-acute care assets in Atlanta’s northern suburbs.”

 


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