UnityPoint Health and Presbyterian Healthcare Services are no longer pursuing a partnership to form a new health care company.

UnityPoint officials announced earlier this year that the New Mexico-based Presbyterian Healthcare Services and UnityPoint Health had signed a letter of intent to explore the formation of a new health care organization. After significant planning and consideration, the two organizations no longer will pursue the transaction, according to a Wednesday, Oct. 11 news release from UnityPoint.
“We believe this decision allows us to better meet the needs of our patients, team members, communities and key stakeholders,” said Sally Gray, RN, UPH board chair, in the release. “As we move forward, UnityPoint Health is focused on identifying new, innovative ways to deliver low-cost, high-quality care to those we serve.”
As a result of this decision, UPH president and CEO Clay Holderman will depart the organization to explore other professional opportunities, and the UPH Board of Directors has named Scott Kizer as president and CEO of UnityPoint Health, the release said.
“We’re confident in Scott’s leadership going forward, and we remain committed to showing our people, patients and communities how much they matter,” Ms. Gray said.