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Wednesday, February 25, 2009

Northeast Health and St. Peter's Health Care Services Announce Agreement on Affiliation Talks; Seton Health to Join Discussions

ALBANY, N.Y. -- February 25, 2009 - Officials of Northeast Health and St. Peter's Health Care Services announced today an agreement to enter formal negotiations intended to lead to an affiliation of the two organizations.

Members of the Boards and CEOs of Northeast Health (Northeast) and St. Peter's Health Care Services (St. Peter's) have held informal discussions for several months to explore opportunities that would build on the unique expertise and strengths of the respective organizations.

Officials also announced that Seton Health (Seton) in Troy has initiated negotiations with Northeast and St. Peter's to actively pursue a similar agreement. Expanding negotiations among all three systems greatly enhances the opportunities to strengthen the delivery of health care in our communities and achieve the unified goals of affiliation.

The announcement was made at a press conference held at Northeast Health in Troy. Press conference participants included: Steven Boyle, president, CEO, St. Peter's Health Care Services; James Reed, M.D., president & CEO, Northeast Health; Gino Pazzaglini, president & CEO, Seton Health; Sydney T. Jones, III, chairman, Board of Trustees, St. Peter's Health Care Services; Ann DiSarro, chair, Board of Directors, Northeast Health; and Sister Clarisse Correia, D.C., chair, Board of Trustees, Seton Health.

"The intention of entering these negotiations is to see if there are collaborative ways to improve quality, cost-effectiveness and accessibility of health care in the Capital Region and beyond," said Boyle of St. Peter's. "These are institutions of very unique heritages. Initial discussions, however, indicate we have organizational cultures and missions that are far more common than they are different."

"St. Peter's has a mission to be a ‘transforming, healing presence within the communities we serve,'" Boyle said. "Most important for St. Peter's is that Northeast Health and Seton share a strong, values-based dedication to address today's challenges and improve the health status of our communities."

"For some time, Northeast Health and St. Peter's have had informal conversations on how to best address health care issues within our communities," Dr. Reed said. "Both organizations are committed to quality, excellence, and innovation in services and technology; have always attracted and retained dedicated and skilled physicians and staff; and have demonstrated a willingness to work collaboratively to improve the quality of health care and senior services across the region."

A JOINT RELEASE OF:
Northeast Health
St. Peter's Health Care Services
Seton Health

CONTACTS:
Marylin Morgan, Northeast Health, 271-5057
Elmer Streeter, St. Peter's Health Care Services, 525-1232
Pamela Rehak, Seton Health, 268-5517

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St. Mary's Hospital
1300 Massachusetts Avenue
Troy, NY 12180
Phone: (518) 268-5000

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