Just yesterday we learned that Mercy Health and Bon Secours Healthy System is planning to merge to form a 43-hospital entity that serves the follow states: Maryland, Virginia, South Carolina, Kentucky, Ohio, Florida and New York.
Executives of the Catholic health systems said the merger would create the fifth-largest Catholic health system in the country with a total net operating revenue of $8 billion and operating income of $293 million…can we say powerhouse?! This merger could leverage economies of scale to deliver better, more affordable care. “This merger strengthens our shared commitment to improve population health, eliminate health disparities, build strength to address social determinants of health, and invest heavily in innovating our approaches to health care”, Bon Secours CEO Richard Statuto said in a statement. Read more by CLICKING HERE
Here at Eldercare, we feel it is a priority to get information on large hospital mergers such as this, out to our agents. Hospital networks are a huge driving force behind Medicare Advantage sales. With that being said, the pain of networks is what keeps some agents away from selling Medicare Advantage. Don’t let it keep you away! Medicare Advantage sales are at an all time high and are continuing to soar. Call us and let us get you started. We promise to hold your hand the whole way! 800-777-9322