Penn State Health to acquire hospital from Geisinger

Penn State Health to acquire Geisinger Holy Spirit | ABC27

Penn State Health has signed a definitive agreement to acquire Holy Spirit Health System in Camp Hill, Pa., from Geisinger Health. 

Hershey, Pa.-based Penn State Health and Danville, Pa.-based Geisinger entered into the definitive agreement about eight months after signing a letter of intent.

Under the transaction, expected to be completed in October, Penn State Health will acquire Holy Spirit Hospital, its affiliated outpatient practices and urgent care centers, Ortenzio Heart Center, and West Shore EMS. After the transaction closes, Holy Spirit Hospital will be renamed Penn State Health Holy Spirit Medical Center.

“Holy Spirit’s hospital, employed medical group and strong community of independent practice physicians, working in collaboration with our Milton S. Hershey Medical Center, offers consumers a strong competitive alternative for healthcare services,” said Penn State Health CEO Steve Massini in a news release. “We’re pleased we could reach agreement with Geisinger to bring Holy Spirit into the Penn State Health family.”

The transaction requires regulatory approval by the Federal Trade Commission and the Pennsylvania attorney general. 


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.