(Des Moines, IA) -- Iowa-based Unity Point Health has signed a letter of intent with New Mexico's Presbyterian Healthcare Services to explore the formation of a new health care organization.
Both systems would keep their brands, and would represent more than 40-hospitals and hundreds of clinics. The two systems would employee roughly 40-thousaned people, including 3,000 physicians.
“As a not-for-profit health system, we must pave a sustainable path forward to continue serving our communities with care and coverage. While we’ve done that successfully independently, we know that partnering with like-minded health systems will allow us to accelerate our efforts,” says Dale Maxwell, president and CEO, Presbyterian Healthcare Services.
“UnityPoint Health shares in our commitment to keeping healthcare delivery local and creating a culture where the workforce thrives which will serve as foundational elements as we embark on this journey.”
“UnityPoint Health and Presbyterian are two organizations rooted in similar values,” says Clay Holderman, president and CEO, UnityPoint Health. “By lowering administrative costs, building new capabilities and increasing investments in innovation and clinical excellence, our intent is to help improve affordability and accessibility of care. We’re excited about the unique possibilities ahead.”
Both systems will continue to evalulate the next steps towards a definitive agreement and regulatory approvals.