TROY, N.Y. -- An affiliation agreement was signed on June 16 by Steven Boyle, President, CEO, St. Peter’s Health Care Services; James Reed. MD, President & CEO, Northeast Health; and Gino Pazzaglini, President/CEO, Seton Health.
The agreement was previously approved by all three boards as well as Catholic Health East, St. Peter’s parent and Ascension Health, Seton’s parent.
This is a binding agreement that indicates the organizations’ intention to merge and outlines the structure and governance of the new organization.
The merger allows the three organizations to begin planning for operations after the merger.
The three documents attached outline information pertaining to the merger between the three healthcare organizations.
The Merger Process Update outlines the affiliation agreement, leadership changes, regulatory process, planning and integration and approval procedures.
The System Design Preview details the efficiencies of the affiliation, the conceptual system design, each facility’s unique role, the benefits of merging and investments in facilities and information technology.
The Merger Update Questions & Answers features several commonly asked questions and concerns regarding the affiliation agreement and merging.