Beaumont Health, Spectrum Health complete 22-hospital merger to form Michigan’s largest health system. Today marks the first official day of BHSH Health, a new 22-hospital integrated health system born of Beaumont Health and Spectrum Health’s now-closed merger deal.
Who bought Beaumont Hospital in Michigan?
Spectrum Health
The merger between Southfield-based Beaumont Health and Grand Rapids-based Spectrum Health is moving forward after federal regulators didn’t contest the proposed tie-up. It also includes Spectrum’s Michigan-based health insurance plan, Priority Health, which enrolls 1.2 million customers.
Who bought Beaumont?
Spectrum Health
Beaumont Health and Spectrum Health also announced the board of directors and system leadership team for the new combined health system. The BHSH System board of directors includes seven members appointed from Beaumont Health and seven members appointed from Spectrum Health.
Is Beaumont bigger than spectrum?
Spectrum Health, the larger of the two systems with 14 hospitals, reported $8.3 billion in total operating revenues in 2020, a gain of more than $1 billion from the year before.
Is Beaumont part of spectrum?
The Beaumont-Spectrum deal was a so-called “cross-market merger,” meaning there was no geographic overlap between the two nonprofit systems. In addition, there were no plans to close hospitals or patient sites as part of the merger.
Who did Beaumont hospital just merge with?
Spectrum Health
Beaumont Health, Spectrum Health complete 22-hospital merger to form Michigan’s largest health system. Today marks the first official day of BHSH Health, a new 22-hospital integrated health system born of Beaumont Health and Spectrum Health’s now-closed merger deal.
Who merged with Beaumont hospital?
Beaumont Health and Spectrum Health signed a “formal integration agreement,” marking the next step in a merger bid that was first announced in June. The combination of the two Michigan operators is expected to be complete this fall if it passes regulatory review, the systems said on Thursday.
What is the best hospital to go to in Michigan?
Best Hospitals in Michigan
- University of Michigan Hospitals-Michigan Medicine, Ann Arbor.
- Beaumont Hospital-Royal Oak, Royal Oak.
- Beaumont Hospital-Troy.
- Spectrum Health-Butterworth and Blodgett Campuses, Grand Rapids.
- DMC Harper University Hospital, Detroit.
- Ascension Providence Hospital-Southfield.
Who is the new CEO of Beaumont?
Dr. Benjamin Schwartz — a senior vice president and a physician executive for the eastern region of Northwell Health, a 23-hospital health system based in New York City — will become president of BHSH Beaumont Health on July 5, Beaumont announced Wednesday.
How much is Beaumont hospital worth?
Beaumont Health has a total net revenue of $4.7 billion and consists of eight hospitals with 3,429 beds, 145 outpatient sites, nearly 5,000 physicians, 38,000 employees and 3,500 volunteers.
Did Beaumont and Henry Ford merge?
Beaumont has a history of unsuccessful merger attempts. Its previous plans to merge with Henry Ford Health System (2012), Ohio-based Summa Health (2019) and the 28-hospital Advocate Aurora Health in Illinois and Wisconsin (2020) all were called off.
Who is Spectrum merging with?
Beaumont Health
Spectrum Health merging with Beaumont Health to create new health care system. Officials say this will allow the two organizations to come together to provide accessible, affordable and exceptional health care coverage.
How many hospitals does Beaumont?
eight hospitals
With eight hospitals, more than 150 outpatient locations, nearly 5,000 physicians and 33,000 employees, Beaumont’s commitment to patient and family-centered care contributes to the health and well-being of residents throughout the communities we serve and beyond.
What is the largest health system in Michigan?
Largest Hospital Systems in Michigan
- SPECTRUM HEALTH. 100 Michigan Ave.
- HENRY FORD HEALTH SYSTEM. 1 Ford Place.
- MCLAREN HEALTH CARE. One McLaren Parkway.
- BEAUMONT HEALTH. 26901 Beaumont Blvd.
- MICHIGAN MEDICINE/UNIVERSITY OF MICHIGAN HOSPITALS AND HEALTH CENTERS. 1500 E.
- ST.
- ASCENSION MICHIGAN.
- SPARROW HEALTH SYSTEM.
Who bought Charter Communications?
(Nasdaq: CHTR) (together with its subsidiaries “Charter”) and Time Warner Cable Inc. (NYSE: TWC) today announced that they have entered into a definitive agreement for Charter to merge with Time Warner Cable . The deal values Time Warner Cable at $78.7 billion .
Does Spectrum Health own priority health?
Spectrum Health owns a 93.9 percent share of Priority Health.
Did Beaumont and Spectrum merge?
On Tuesday, Southfield-based Beaumont Health and Grand Rapids-based Spectrum Health began business together as a combined, not-for-profit health system.
Who is the CEO of Spectrum Health?
Tina Freese Decker
Tina Freese Decker is the President & Chief Executive Officer of Spectrum Health System, an $8 billion integrated health system with a medical group, health plan and 14 hospitals employing 31,000 individuals in Michigan.
Is Henry Ford better than Beaumont Hospital?
Beaumont Health is most highly rated for Work/life balance and Henry Ford Health is most highly rated for Culture.
Overall Rating.
| Overall Rating | 3.7 | 3.8 |
|---|---|---|
| Management | 3.2 | 3.3 |
| Culture | 3.4 | 3.7 |
What is the busiest ER in Michigan?
Total Inpatient Discharges (Jan to Dec 2018) = 385,816
| Rank | Hospital Name | % Of Total |
|---|---|---|
| 1 | Beaumont Hospital Royal Oak | 4.93 |
| 2 | Beaumont Hospital Troy | 3.39 |
| 3 | Spectrum Health Butterworth Hospital | 3.29 |
| 4 | University of Michigan Health System | 3.22 |
What is the #1 hospital in Michigan?
University of Michigan Health-Ann Arbor
The number 1 hospital in Michigan is University of Michigan Health-Ann Arbor. See also Best Children’s Hospitals in Michigan.