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09/14/2022
The two mission-driven health systems propose working together to
enhance care across region
Quad Cities, Iowa – Genesis Health System and MercyOne have signed a letter of intent (LOI) to develop a strategic partnership. MercyOne is part of Trinity Health, headquartered in Livonia, Michigan. Trinity Health is one of the largest not-for-profit health care systems in the country with 88 hospitals across 25 states. The Genesis Health System Board of Directors unanimously selected MercyOne as its choice for partner after a thoughtful and deliberate exploration process that began in December 2021.
With the signing of the LOI, the organizations will begin a process to conduct additional due diligence and ultimately work toward finalizing the terms of a definitive agreement.
“Throughout our partnership exploration, our commitment was to select a partner willing to make significant investments in Genesis that will enhance our ability to grow, thrive and deliver more seamless integrated care in our region. MercyOne is a strong cultural fit with Genesis and shares our commitment to the Genesis Mission, Vision and Values. With this selection, we will be able to leverage the skill, talent and scale of national and regional resources while retaining local leadership and focus. We believe MercyOne is the best partner to deepen our commitment to quality, safety and patient experience. This partnership will enhance support for our workforce retention and recruitment efforts and collaboratively address the most pressing issues facing health care today,” said Doug Cropper, president and CEO of Genesis Health System.
“MercyOne and Genesis Health System are both mission-driven organizations committed to delivering the highest quality care and best patient experience to all we serve across Iowa,” said Bob Ritz, MercyOne president and CEO. “We look forward to continuing discussions and shaping a framework to enhance access to personalized, convenient health care across Eastern Iowa and Western Illinois.”
Nothing changes operationally for either health care system as a result of the LOI or throughout the due diligence process, which will occur over the course of the next several months. Patients will continue to receive the same high-quality, compassionate care they have always received from their trusted providers.
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About Genesis:
Genesis Health System, its affiliates and partners, offer a continuum of health care services for a 17-county region of Eastern Iowa and Western Illinois. Our affiliates include: hospital care at Genesis Medical Center, Davenport and DeWitt, Iowa and at Genesis Medical Center, Silvis and Genesis Medical Center, Aledo, Ill.; home health and hospice services through Genesis VNA and Hospice; Genesis Workplace Services; the Clarissa C. Cook Hospice House; senior living communities in partnership with WesleyLife; Genesis Health Group, with more than 300 health care providers; the Genesis Quad Cities Family Medicine Residency program; Genesis Psychology Associates; Genesis Convenient Care clinics; and, Genesis Home Medical Equipment. Partners include Crow Valley Surgery Center, Bettendorf; Center for Digestive Health, Bettendorf; Spring Park Surgery Center, Davenport; and, Genesis Imaging Centers. Genesis manages Jackson County Regional Health Center, Maquoketa, Iowa. Genesis is one of the largest employers in the Quad Cities, with more than 5,000 employees. For more information, visit our website at genesishealth.com.
About MercyOne
MercyOne is a connected system of health care facilities and services dedicated to helping people and communities live their best life. MercyOne’s care providers and colleagues make health the highest priority. The system’s clinics, medical centers, hospitals and affiliates are located throughout the state of Iowa and beyond. Headquartered in central Iowa, MercyOne is a member of Trinity Health (based in Livonia, Michigan) – one of the largest not-for-profit Catholic health care systems in the nation. Learn more at MercyOne.org.
About Trinity Health
Trinity Health is one of the largest not-for-profit, Catholic health care systems in the nation. It is a family of 115,000 colleagues and nearly 26,000 physicians and clinicians caring for diverse communities across 25 states. Nationally recognized for care and experience, Trinity Health’s network of care includes 88 hospitals, 131 continuing care locations, the second largest PACE program in the country, 125 urgent care locations, and many other health and well-being services. Based in Livonia, Michigan, its annual operating revenue is $20.2 billion with $1.2 billion returned to its communities in the form of charity care and other community benefit programs. For more information, visit trinity-health.org or follow us on LinkedIn, Facebook or Twitter. Trinity Health is not affiliated with any Iowa-based entities currently using the name, “Trinity” or “Trinity Health.”
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