Davenport-based Genesis Health System has merged with not-for-profit health system MercyOne.
Genesis and MercyOne officials on Wednesday, March 1, announced the completion of the merger agreement of the two health systems, and that Genesis has joined MercyOne.
“With today’s closing, all interests and operations of Davenport, Iowa-based Genesis will become part of MercyOne,” according to a statement on the MercyOne website.
“We are excited to welcome Genesis to MercyOne and look forward to shaping a framework to enhance access to personalized, convenient health care across Eastern Iowa and Western Illinois,” said Bob Ritz, president and CEO at MercyOne. “Together, we are stronger and will deliver the highest quality care and the best patient experience to all those we serve.”
The Genesis Health System Board of Directors unanimously selected MercyOne as its choice for a partner after an exploration process that began in December 2021.
“As part of MercyOne, Genesis will be able to leverage the skill, talent and scale of national and regional resources while retaining our local leadership and focus,” Doug Cropper, Genesis Health System president and CEO, said in a news release. “We will deepen our commitment to quality, safety and patient experience and strengthen our workforce retention and recruitment efforts. By joining MercyOne, Genesis will continue our ability to grow, thrive and deliver more integrated care in the region.”
Genesis Philanthropy and the Genesis Health Services Foundation will continue to serve the Quad-Cities area communities. Genesis Health Services Foundation will remain a part of the unified health system. Genesis Philanthropy will operate under a new name, the Better Health Foundation, and will be independent from the health system.
Among the commitments made as part of joining MercyOne, Genesis Health System provided the Better Health Foundation with $40 million in funds, ensuring its future as one of the region’s preeminent granting organizations. The Better Health Foundation will be fully operational on July 1.
Since announcing the letter of intent on Sept. 14, Genesis and MercyOne have taken the necessary steps including regulatory filings to finalize the agreement. As integration efforts continue, patients can expect the same quality care from the providers they know and trust.
MercyOne, headquartered in Clive, Iowa, is a member 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 26 states. Trinity Health is not affiliated with any Iowa-based entities currently using the name Trinity. It is a family of 123,000 colleagues and nearly 27,000 physicians and clinicians caring for diverse communities across 26 states.
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.
