Trinitas Regional Medical Center (Trinitas) and RWJBarnabas Health (RWJBH) recently signed a Letter of Intent (LOI) whereby Trinitas and its affiliates will become a part of RWJBH. The non-binding LOI sets forth a basic structure for the proposed transaction and puts the institutions on a path toward reaching a Definitive Agreement, expected before the end of 2019.
The LOI is the first step in the process of evaluating and designing a new relationship that will enhance health care services for residents in northern and central New Jersey. Both parties will now engage in a due diligence process to define the specifics of the relationship. Approvals will be necessary from State and Federal officials, the Catholic Church, and others before the transaction is considered complete.
Under the terms of the LOI, the role of Trinitas as a full service provider organization of acute health care services for the eastern Union County community will be enhanced. RWJBH will make significant investments in Trinitas and will expand the network of outpatient services currently provided by Trinitas, resulting in an even higher level of care for the community.
Under the terms of the proposed transaction, RWJBH will become the sole member (i.e., corporate parent) of Trinitas. However, Trinitas will remain a Catholic institution and will abide by the Catholic Ethical and Religious Directives. The Sisters of Charity of Saint Elizabeth will continue to serve as the Catholic sponsor of Trinitas, and the Elizabethtown Healthcare Foundation will continue to address the needs of non-profit organizations in Union County, including RWJBH/Trinitas. The Trinitas Board will continue to oversee day-to-day operations of Trinitas.
RWJBarnabas Health is one of the largest, most comprehensive academic health care system in New Jersey, with a service area covering nine counties with five million people. RWJBH has more than 33,000 employees, 9,000 physicians, and 1,000 residents and interns, and routinely captures national awards for outstanding quality and safety. RWJBH recently announced an affiliation with Rutgers University to create New Jersey’s largest academic health care system. The collaboration will align RWJBH with Rutgers’ education, research and clinical activities, including those at the Rutgers Cancer Institute of New Jersey – the state’s only NCI-designated Comprehensive Cancer Center – and Rutgers University Behavioral Health Care.
Trinitas Regional Medical Center was created in January 2000 upon the merger of Elizabeth General Medical Center and St. Elizabeth Hospital. The 554-bed, Catholic acute care hospital offers 12 centers of excellence in such areas including cancer, behavioral health, maternal/child health, emergency/cardiology, renal, wound treatment, sleep disorders, women’s care, an institute for Dialectical Behavior Therapy, and senior care including a skilled nursing facility. The center is a teaching hospital with a medical residency program and a professional school of nursing. Trinitas has a statewide presence, providing care in each of New Jersey’s 21 counties through over 80 locations. Trinitas provides care for over 16,000 inpatients, 1,500 newborns, 63,000 emergency visits and over 400,000 outpatient visits each year.
This was reported by RWJBarnabas Health on October 10, 2019.
Contact information: Doug Harris, Director, Public Relations, Trinitas Regional Medical Center, 225 Williamson Street, Elizabeth, New Jersey 07202; 908-994-5138; Website: https://trinitasrmc.org
Contact information: Ellen Greene, Vice President, Public Relations & Marketing, RWJBarnabas Health, 95 Old Short Hills Road, West Orange, New Jersey 07052; 973-322-4018; Website: www.rwjbh.org