PeaceHealth and Providence have announced they’ve signed a letter of intent “to jointly develop innovative ways to provide health and wellness services in communities they serve.”
The is the first major move by new PeaceHealth CEO Liz Dunne, who joined PeaceHealth from Providence. Regulators have not yet weighed in, so it’s unknown whether the joint initiatives will face regulatory and/or anti-trust scrutiny.
“As Catholic health care organizations with similar heritages, Providence and PeaceHealth are uniquely suited to succeed together in collaborative ventures like this.”
Providence is the third largest nonprofit health system in the country.
According to the press release, “Providence and PeaceHealth will continue to work together to further define their collaborative efforts.”