Kennedy patients will receive care from the same physicians, nurses and staff, but gain access to Jefferson’s clinical services and clinical trials. With Kennedy, Jefferson continues to expand its care outward to patients outside of its Center City lines. Instead, the partnership builds on Jefferson’s “hub-and-hub” model, with Kennedy Health representing the system’s southern New Jersey core. Thursday’s signing is the culmination of a process that formally began in January 2016 with a letter of intent followed by the signing of a definitive agreement in August 2016 that listed terms.Īccording to both sides, the deal is no acquisition. On Thursday, officials from both health systems joined at Kennedy to announce the completion of the merger in Washington Township, New Jersey where Kennedy is based. Stephen Klasko announcing the merger between Jefferson and Kennedy Health.Īlmost two years after announcing their intent to merge, Jefferson Health and Kennedy Health have sealed the deal, officially making Jefferson a sprawling 13-hospital network. FILED A 2019 FORM 4720 WHICH INCLUDED A REMITTANCE OF EXCISE TAX RELATED TO THEIR COMPENSATION IN EXCESS OF.

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