Mercy Reiterates Rationale for Sale Exploration
SCRANTON, Pa., Oct. 8 /PRNewswire-USNewswire/ -- Mercy Health Partners (MHP) recently announced its intention to explore the sale of its facilities in Northeastern Pennsylvania.
Discussions concerning mergers, acquisitions and strategic partnerships have been conducted in the healthcare community for years--long before the passage of the Affordable Care Act. The decision announced this week was due to many factors.
"This is a challenging time for Mercy, our staff and our community. We do, however, continue to be encouraged by the potential of health care reform to improve coverage and access to care in our country," said Kevin Cook, president and CEO.
Community leaders in Scranton agree that the acute care delivery system is in need of fundamental change. In exploring the sale of Mercy Health Partners, the intent is to attract additional resources and investment to the region. "We believe those resources may bring about the changes hoped for by so many in our community for so long," Mr. Cook added.
A major goal of the decision is to preserve the long-term viability of healthcare in Scranton and Northeastern, PA. For over 100 years, Mercy has met the needs of this community, and we believe its health and well being would be better served by a re-organization of the area's health care providers and an infusion of additional resources.
Like all Catholic hospitals, Mercy's mission is to serve those in need and respect the core values of compassion, excellence, human dignity, justice, sacredness of life and service.
SOURCE Mercy Health Partners