Dowling is hopeful regulatory approval will be completed by the end of the year. The proposed agreement will allow the organizations to come together formally upon receipt of necessary regulatory approval. In 2022, Nuvance recorded $2.6 billion in revenue and Northwell posted $15.6 billion in revenue. Dowling said that although the addition of Nuvance will bring the enterprise count of hospitals to 28, only 47% of Northwell's revenue is tied to inpatient hospitals due to the growth of its ambulatory footprint and strategy. In 2023, the systems partnered to launch urgent care centers together. Northwell struck a collaboration agreement with Western Connecticut Health Network in 2018 to share specific resources but remain operating as independent entities. The health systems have worked together as partners for the past several years, Mr. Leadership structures and appointments for the combined organization have not been specified. Northwell is led by President and CEO Michael Dowling and Nuvance is led by President and CEO John Murphy, MD. Nuvance, formed in 2019 with the merger of LaGrangeville, N.Y.-based Health Quest and Danbury-based Western Connecticut Health Network, has five hospitals in New York's Hudson Valley and western Connecticut. Northwell currently has 21 hospitals across New York and is the largest healthcare provider and private employer in the state. New Hyde Park, N.Y.-based Northwell and Danbury, Conn.-based Nuvance plan to integrate into a nonprofit, regional system with 14,500 providers and more than 1,000 sites of care combined. Northwell Health and Nuvance Health have entered into a strategic agreement to combine systems, expanding their reach with 28 hospitals across New York and Connecticut.
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