Business & Tech

Gwinnett Medical Center, Northside Hospital In Talks To Merge

Both healthcare facilities have approved a non-binding letter of intent to kick off discussions.

Northside Hospital and Gwinnett Medical Center announced on Wednesday that they have approved a non-binding letter of intent to begin exclusive discussions to combine their operations.

If a final agreement is reached, the merger would create a major health care system serving rapidly growing areas of the Atlanta region and north Georgia.

Find out what's happening in Loganville-Graysonfor free with the latest updates from Patch.

Anchored by Northside Hospital in Sandy Springs and Gwinnett Medical Center in Lawrenceville, the system also would include hospitals in Canton, Cumming and Duluth, as well as cancer treatment centers, imaging centers, medical office buildings, urgent care centers and other outpatient locations throughout the state.

Altogether, the Northside-Gwinnett Medical combined system would have nearly 1,400 beds, more than 16,000 employees and close to 3,500 physicians on staff.

Find out what's happening in Loganville-Graysonfor free with the latest updates from Patch.

Northside Hospital CEO Bob Quattrocchi and Gwinnett Medical Center CEO Philip Wolfe said they are targeting early 2016 as a potential closing date for the deal. Meanwhile, the two organizations will conduct due diligence and planning activities.

If a final definitive agreement is reached, the proposed transaction will be submitted to the Georgia Attorney General’s Office for review and approval, including at least one public hearing on a date to be determined.

“A Northside Hospital and Gwinnett Medical Center combination is a strong and strategic fit on many levels,” Quattrocchi said. “We come to the table with very similar organizational cultures and unsurpassed commitments to patient safety and quality care. Northside and Gwinnett Medical Center already are geographic neighbors, and together we will serve one of the fastest-growing markets in the country.”

Wolf added the services offered at both facilities ”complement each other.”

“Northside Hospital is a regional and national leader in women’s health and cancer care, while Gwinnett Medical Center is a leader in cardiac care, trauma care and sports medicine,” he added. “Going forward, our strategy will be to leverage our respective strengths in our expanded footprint and provide the total spectrum of health care to patients not only in our market area, but throughout Georgia and the Southeast.”

Quattrocchi and Wolfe said that the merger should create many opportunities for enhanced patient care, additional growth, professional development and fiscal strength.

---

Photo credit: Northside Hospital in Sandy Springs

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.