Froedtert Health and ThedaCare announced today that their respective boards have approved a definitive agreement outlining the terms of the planned combined health system, an important step in their process to combine the organizations to advance local health care for patients in Wisconsin.
Both organizations are moving forward with planning, aiming to launch the combined health system at the start of the new year, pending customary pre-closing conditions, further Board approvals, and regulatory approval.
Leaders from both organizations reinforced the goals and commitments outlined in the letter of intent, announced earlier this year, and they continue to drive the process of bringing Froedtert Health and ThedaCare together. The combined organization will:
- Help the people of Wisconsin by providing better and more seamless access to comprehensive, high-quality care when people are sick or injured and serving as a partner in health to help keep people well;
- Be based in Wisconsin, led by people who live and work in the state and governed by a parent board composed of current board members from both organizations, including two board members who serve on both the boards of the Medical College of Wisconsin and Froedtert Health concurrently;
- Deliver value and bring innovative solutions for the health care needs of the state and communities, including addressing health equity, health disparities, and more, with a commitment to urban, suburban, and rural areas;
- Honor and grow legacies of clinical excellence and community commitment that are the shared hallmarks of each organization; and
- Work in concert with partners at the Medical College of Wisconsin to bring together every aspect of care, including primary care, specialty care, the most advanced levels of care, clinical trials, graduate medical education, and more.
As the process moves forward, patients can continue seeing their doctor and accessing the services they always have. The community can continue to visit an informational site dedicated to this process to get the latest updates on the combination.
