TO: System-wide Employees, Medical Staff, Volunteers, Board members of Elmhurst Memorial, Edward Hospital & Health Services
FROM: Pam Davis, System CEO
DATE: Monday, July 1, 2013
SUBJECT: Merger official; more leadership appointments announced
It’s official! Today, the merger between Elmhurst Memorial and Edward is complete.
We are now one system comprised of three hospitals – Edward, Elmhurst Memorial and Linden Oaks at Edward (our behavioral health provider) – plus more than 50 physician office and outpatient locations across a service area of 1.7 million residents. We have more than 7,700 employees and 1,680 medical staff.
This merger is one of the most important events in the history of our proud organizations. We are a new system, yet we will build upon decades of experience as we bring together organizations with long-standing traditions of serving our communities with outstanding health care services.
Together, we have the power to transform how healthcare is delivered in our region and be the #1 healthcare system in the western and southwestern suburbs.
Click here to read today’s press release including appointments of Board members and two System Executive Vice Presidents -- Chris Mollet, System EVP and General Counsel, and Vince Pryor, System EVP and Chief Financial Officer.
Merger success = Improved Quality, Efficiency, Access to Care
Healthcare reform is rapidly changing how we deliver care. Hospitals and physicians are under tremendous pressure to cut costs while simultaneously being asked to take a much more active role in managing the overall health of patients.
By joining together, we will:
Enhance quality…by sharing best practices and clinical protocols which will improve clinical care for our patients leading to better outcomes.
Improve efficiency…by achieving economies of scale, such as group purchasing, and developing system-wide process improvement teams. We must lower costs and increase patient volumes to make this merger successful.
Expand access to care…by growing our affiliated and independent network of physicians and outpatient locations.
By focusing on quality, efficiency and access to care, our new system will be big enough to be regionally significant to survive and thrive amidst the challenges of healthcare reform and shrinking reimbursement, while remaining nimble enough to be locally responsive.
What’s Next: Transition Teams’ progress
Now that the merger has been finalized, the real work begins to build upon the strengths of our combined organizations. Changes won’t happen overnight, but we’re already making tremendous strides through our many merger Transition Teams of Edward and Elmhurst Memorial leaders, physicians and staff:
Our Marketing teams are developing plans for a brand identity and system name – but don’t expect that until closer to January 2014.
Service line teams from across both organizations in many areas – such as Oncology, Neurosciences, Women’s/Children’s, Cardiovascular and Behavioral Health – are collaborating around ways to share our services and expand our reach.
We don’t expect any services to be interrupted because of this merger; in fact, we’re planning to expand our physician network and outpatient locations.
We’re reviewing group purchasing arrangements and important contracts looking for efficiencies and cost savings.
Our Human Resources team is assessing employee benefits.
A lot more work is going on by dozens of staff from both organizations. And we’re just scratching the surface of how our merger can benefit our communities.
Commitment to quality, service endures While we’ll need to evolve significantly to meet the demands of healthcare reform, our commitment to high quality care and great service endures, and will only be enhanced. Edward and Elmhurst Memorial are already nationally recognized for quality and patient satisfaction. We have committed employees and loyal, talented physicians. We’ll continue to build upon our collaboration with our affiliated physician groups such as Edward Medical Group and Elmhurst Clinic, along with independent physician groups such as Du Page Medical Group and Midwest Heart Specialists.
Questions about the merger? Watch your employee web-site for information on where you can contact us to ask questions about the merger anonymously.
I’d like to thank the many leaders and staff who worked so hard these past months to make this merger possible. We’re off to a great start!
Frequently Asked Questions
Q. Will our new system have a new name? A. The Marketing merger transition team of Elmhurst Memorial and Edward staff are working with outside consultants on recommendations for branding/naming. However, don’t expect that until closer to 2014. Until these recommendations are made, all current names of entities and services remain the same.
Q. Will our benefits change? A. Our Human Resources merger transition team is currently assessing the employee benefits that both organizations offer. Watch for communications if changes are made to any current benefit. We’ll have more information at the Town Halls in August.
Q. Will we have a joint medical staff? A. No. Our medical staffs will remain separate; however, some specialists have applied for privileges to be on both medical staffs. Service line teams including physicians from across both organizations in many areas – Oncology, Neuro, Women’s/Children’s, Heart, etc. – are collaborating around ways to share our services and expand our reach.