BJC, Saint Luke’s of Kansas City merger to close soon
BJC, Saint Luke’s of Kansas City merger to close soon
Modern Healthcare
November 29, 2023
BJC HealthCare and Saint Luke’s Health System of Kansas City have signed a definitive merger agreement and plan to close the proposed transaction Jan. 1, the nonprofit health systems said Wednesday. BJC and Saint Luke’s executives said they have received all regulatory approvals. There are no state regulatory requirements, but the organizations have kept state officials informed throughout the process, executives said. The two systems signed a letter of intent in May. The combined system would have roughly $10 billion in revenue and 28 hospitals across Missouri, southern Illinois and eastern Kansas. Each health system would maintain their respective brands and operate from dual headquarters—St. Louis, where BJC is based, and Kansas City, Missouri. ... The merger would allow the combined health system to boost investment in treatment, expand recruitment efforts, add locations, bolster research and improve population health initiatives, executives said.