EASTON, Pa. - St. Luke’s University Health Network will acquire Easton Hospital on July 1.
This includes affiliated physician practices and two physician residency programs with 36 physician residents, the health network said in a news release.
St. Luke’s and Steward Health Care of Dallas, the owner of Easton Hospital since May 2017, recently signed an asset purchase agreement that will allow for the transfer of ownership to SLUHN effective on July 1, according to the release.
The acquisition, which was approved by the St. Luke’s Board of Trustees, is subject to certain conditions, including review and approval by various regulatory agencies.
“I am thrilled, and our community is very fortunate, to have as fine a healthcare provider as St. Luke’s acquire Easton Hospital and expand its presence in our area," said Easton Mayor Sal Panto.
“Integrating an existing hospital into a health network can be challenging, even during the best of times, let alone during a global pandemic. However, St. Luke’s has always welcomed challenges,” said Richard A. Anderson, President & CEO of St. Luke’s.
"St. Luke’s will replicate at Easton Hospital the success it has achieved at its other campuses, resulting in a ‘win-win-win’ for all. The community wins. Easton Hospital wins. Our Network wins," Anderson said.
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June 04, 2020 at 01:28AM
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St. Luke's University Health Network to acquire Easton Hospital - WFMZ Allentown
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