Woods, chief executive officer of Advocate Health. ![]() “Powered by 150,000 teammates – including the best and brightest physicians, nurses, researchers and faculty – we are poised to push past traditional geographic and care delivery boundaries to create a healthier tomorrow for all,” said Eugene A. The organization aims to bring medical innovations to patients more quickly, address the root causes of health inequities, advance population health, enable career advancement and achieve carbon neutrality by 2030. In addition to delivering the best health outcomes and making care more accessible and affordable, Advocate Health is committed to being a force for meaningful social impact. The combined organization will focus on best meeting patients’ needs by redefining how, when and where care is delivered. – After sharing plans to come together in May, Advocate Aurora Health and Atrium Health today announced they have closed on their formal combination to create Advocate Health. “(That’s) going to be true … for Atrium and Advocate in spades.New health system focused on improving safety and outcomes, advancing health equity and accelerating medical breakthroughsĬHARLOTTE, N.C. “They’ve tried to consolidate administrative offices, but nobody in Dallas wants to move to Temple, and the people in Temple don’t want to move to Dallas,” McCracken said. For example, he said, in Texas in 2013, Baylor Healthcare System merged with another system. If the deal is approved and the hospital systems combine, McCracken said it can take even longer to work out all of the additional details. Atrium has said it's hoping for an answer by the end of the year, but experts said it could definitely take longer than that. How long does the federal review process take? He said the size of the merger alone means the FTC will look at it with more scrutiny. “You’ll get approval on that because they’re in different markets,” McCracken said. Yes, according to John McCracken, professor of health care management at the University of Texas at Dallas. Is the merger likely to get federal approval? They will talk to different stakeholders, like other local hospital systems, about how this would affect their business and any other concerns. Regulators are essentially checking to see whether the proposed Atrium merger would violate federal antitrust laws. This is normal, and the Federal Trade Commission reviews all big mergers. Why does the merger need to be reviewed by federal regulators? And they’re promises that, frankly, just are not borne out in retrospective studies.” We’re going to create not only more efficient care, but better care,’” Richman said. We’re going to reduce duplicative expenses. ![]() “The explanation is always, ‘We’re going to create jobs. When hospital systems combine, there are fewer employers competing for the same workers, so systems don’t necessarily have to try to match other systems’ wages. ![]() In announcing the merger, Atrium pledged the proposed new system would create “more than 20,000 new jobs” in the markets it would serve - but the details aren’t clear.Īccording to Richman, the merger could mean nurses and doctors lose some of their negotiating power when it comes to their pay. Richman said hospitals will likely try to charge as much as they can. The merger, if approved, could give Atrium’s new system more leverage in negotiating with insurance companies, according to Richman. Hospital pricing is complicated and based on many different factors: regulations, what other hospitals in each market charge and negotiations with insurance companies. “That means that the immediate price effects are less certain.” “This is not two hospitals nearby merging together, but hospitals in different regions merging together,” Richman said. The situation with Atrium and Advocate Aurora is different, said Barak Richman, professor of law and business administration at Duke University. Normally, when two hospital systems in the same part of the country combine, health care prices increase for patients, according to many nationwide studies. What does the proposed merger mean for health care prices? The new system would be called Advocate Health, but the Atrium name would continue to be used in the Charlotte region. It would be headquartered in Charlotte and have hospitals and other health care sites across the Carolinas, Georgia, Illinois and Wisconsin. The hospital systems claim that, if approved, the merger would create the fifth-largest hospital system in the U.S. The move would double Atrium’s size, giving it roughly 150,000 employees across six states. Atrium announced May 11 it plans to combine with Advocate Aurora Health, another large system based in Illinois and Wisconsin. Federal regulators are reviewing a proposed merger between Charlotte-based Atrium Health and a major hospital system in the Midwest.
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