South Bend Clinic, Beacon Health System announce merger plan - Fox 28: South Bend, Elkhart IN News, Weather, Sports

South Bend Clinic, Beacon Health System announce merger plan

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The South Bend Clinic and Beacon Health System, the parent organization of Memorial and Elkhart General Hospitals, are planning to merge.

The announcement was made Friday morning in a written statement.

"Healthcare is changing rapidly and around the country medical groups are finding that affiliation with a strong health system allows physicians more time to care for their patients and less time being spent navigating ways to respond to reimbursement changes," Jesse Hsieh, M.D., President of The South Bend Clinic, said in the statement. "We are excited about the growth opportunities our physicians will have as part of the new Beacon Health System."

"We have worked closely with physicians from The South Bend Clinic for over 50 years as partners in caring for their patients," Beacon CEO Phil Newbold said in the statement. "This new relationship will allow our growing physician group to be much better prepared for the landmark changes they face with health care reform and help insure access to primary care and specialist physicians for our community."

According to the statement, details of the arrangement will not be immediately available. The merger will require a review and approval by the Federal Trade Commission, which the two say should be completed later this year.

Phil Newbold, CEO Beacon Health System said, "We think this is a very good reason for the South Bend Clinic and the Beacon Medical Group to come together to provide even more access."

Paul Meyer, CEO South Bend Clinic said, "That took us on a path really of accessing partnering with other organizations and to meet some the challenges our country is facing."

Beacon Health System was formed in 2012 when Elkhart General Health System and Memorial Health System affiliated. Beacon has more than 6000 employees.

South Bend Clinic was founded in 1916 and employs more than 600 employees.

FOX28 News will have more on this developing story on FOX28 News at 10 and throughout the day here on fox28.com.

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