In a news release dated May 15, Jefferson and Lehigh Valley Health Network announced the signing of a definitive agreement to combine, “creating a leading integrated care delivery system, including a national research university and an expanded not-for-profit health plan.”

The unified system, according to the news release, “will increase access to high-quality and affordable care, clinical research and health plan offerings and address health inequities for urban and rural communities in Eastern Pennsylvania and Southern New Jersey.”

Jefferson and LVHN announced in December 2023 the formal intent to combine.

The finalization is expected later this year.

The news release continues as follows:

“Under the terms of the agreement, the systems will integrate clinical care, operations and identity to create a regional system that delivers the highest quality care to those it serves.”

The combination will operate 30 hospitals and more than 700 sites of care with more than 65,000 employed faculty, clinicians and staff.

Dr. Joseph G. Cacchione will continue to serve as chief executive officer of the Jefferson enterprise once the new system is finalized.

Dr. Brian A. Nester, MBA, president and chief executive officer of Lehigh Valley Health Network will serve as executive vice president/chief operating officer of the Jefferson enterprise and president of the legacy Lehigh Valley Health Network.

Dr. Baligh R. Yehia will serve as executive vice president/chief transformation officer of the Jefferson enterprise and president of the legacy Jefferson Health.

The new board of trustees and leadership team will include members from both systems.

Jefferson and LVHN will continue to operate as independent entities until the consolidation is finished.