OU Medicine, SSM Health End Plans to Formally Unite
Organizations pledge continued collaboration to enhance quality of care for all Oklahomans
Oklahoma City (TBD) – The University Hospitals Authority and Trust (UHAT), The University of Oklahoma (OU), and SSM Health’s St. Anthony Hospitals and Physicians Group announced today they will work to enhance care by clinically integrating their organizations, but they will not move forward with plans to formally unite the governance and financial interests of the respective organizations.
Agreements such as these are very complex, especially when they involve the combination of a large public academic hospital and a private Catholic healthcare organization. After months of ongoing diligence, planning and deliberations, the parties mutually concluded that they would not be able to finalize the transaction.
All three organizations remain optimistic about the benefits of clinical collaboration to enhance care coordination, share best practices, and ultimately, improve patient care. SSM Health, OU, and UHAT are committed to providing the best possible health services for all Oklahomans.
The Hospital Corporation of America (HCA), an investor-owned company based in Nashville, is the current manager and joint owner of OU Medical System hospitals and facilities. UHAT remains committed to concluding its previously announced transaction to purchase HCA’s interest in OU Medical System, which is expected to be completed by late summer 2017.
UHAT and OU will continue to pursue options to best meet the needs of the people of Oklahoma, to enhance the education and training of future physicians and to invest in medical research.
SSM Health will continue its focus on providing exceptional, high-quality care to the Oklahoma community just as the organization has for more than 100 years.