St. Luke's merger will be 'the first of many' M&A deals in the hospital sector this year
01/05/24 at 04:00 AM
St. Luke's merger will be 'the first of many' M&A deals in the hospital sector this year
MedCity News, by Katie Adams, 1/4/24
On New Year’s Day, two Missouri health systems — St. Louis-based BJC HealthCare and Kansas City-based St. Luke’s Health System — officially completed their merger. The deal, which was first announced last May, combines the two organizations into one integrated academic health system. The merger was one of the biggest hospital M&A deals announced last year. The combined health system comprises 28 hospitals and hundreds of clinics serving 6 million people across Missouri, Illinois and Kansas. It is expected to generate $10 billion in annual revenue.