South Jersey Health System and Underwood-Memorial Health Systems, Woodbury, NJ, recently signed an official merger agreement. The two organizations, parent companies of South Jersey Healthcare and Underwood-Memorial Hospital respectively, began merger discussions last May.
By incorporating best practices from each organization, the organizations will work toward facilitating a system-wide standard of care that they believe will more efficiently and effectively provide patient-focused healthcare.
"We are particularly anxious to begin exploring ways to enhance a number of our clinical service lines, including cardiovascular, oncology, women's health, surgery and neurosciences," said Eileen Cardile, MS, RN, CNA, president and CEO of Underwood-Memorial Hospital. "By learning from the best practices of both South Jersey Healthcare and Underwood-Memorial Hospital, we will develop processes that foster excellence across our new network."
As outlined in the agreement, representatives from both the South Jersey Health System and Underwood-Memorial Health Systems Boards of Trustees will hold seats on the newly formed system board. The organizations will also retain individual boards of trustees that will provide leadership for their hospitals.