{"id":279398,"date":"2025-11-08T13:46:09","date_gmt":"2025-11-08T13:46:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/279398\/"},"modified":"2025-11-08T13:46:09","modified_gmt":"2025-11-08T13:46:09","slug":"plans-axed-for-independent-hospital-operator-to-join-one-of-n-j-s-largest-health-chains","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/279398\/","title":{"rendered":"Plans axed for independent hospital operator to join one of N.J.\u2019s largest health chains"},"content":{"rendered":"

The deal is off. That\u2019s what Saint Peter\u2019s Healthcare System and Atlantic Health System said recently about their pending partnership<\/a>. <\/p>\n

In October, the two parties announced<\/a> a mutual decision to terminate plans for Saint Peter\u2019s, operator of one of the last independent hospitals in New Jersey, to join the Morristown-based chain.<\/p>\n

\u201cWhile disappointing, unfortunately we have determined that this is the most appropriate path forward,\u201d said Saad Ehtisham, president and chief executive officer of Atlantic Health<\/a>, in a statement. \u201cDespite this, our two organizations have enjoyed a shared history of collaboration on behalf of our patients that I hope will continue to guide our work in the future.\u201d<\/p>\n

The two organizations first announced<\/a> the proposed partnership in June 2024.<\/p>\n

But since then, the two parties have engaged in \u201clengthy discussion and careful analysis of the rapidly evolving health care landscape nationally and its impact on hospitals and health systems across the country,\u201d according to a press release.<\/p>\n

The two New Jersey health care providers have \u201cmutually agreed\u201d not to proceed with the transaction, the press release said. <\/p>\n

Although the decision to part ways was mutual, Leslie D. Hirsch, Saint Peter\u2019s<\/a> president and CEO, said the organization was still \u201cdisappointed by this result.\u201d<\/p>\n

\u201cSaint Peter\u2019s has proudly fulfilled its Catholic mission for over 118 years in the communities it serves. Saint Peter\u2019s takes great pride in the fact that it is well-positioned for continued success, as it now rethinks its future,\u201d Hirsch said in a statement. <\/p>\n

Despite the dissolution of their business deal, the two organizations will continue to work together \u201cthrough partnerships such as the Healthcare Transformation Consortium and potentially other efforts to ensure the residents of central New Jersey have access to the highest quality care,\u201d according to the statement.<\/p>\n

Atlantic Health\u2019s network includes six acute-care hospitals, including the strategic partnership it forged with CentraState Healthcare System in Freehold in 2021<\/a>.<\/p>\n

The New Brunswick-based Saint Peter\u2019s consists of a non-profit acute care hospital, a state-designated children\u2019s hospital, a surgical center and a network of primary care and specialty physicians. <\/p>\n

NJ Advance Media staff writer Susan K. Livio<\/a> contributed to this report.<\/p>\n

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