SEATTLE (AP) - SEATTLE (AP) - Two of Western Washington's largest hospital systems have announced a plan to create a new not-for-profit entity to operate an even larger health care system in the state.
Leaders of Swedish Health Services and Providence Health & Services described their "innovative affiliation" Wednesday as one driven by economic necessity. They stressed that the move is not a merger or acquisition.
The Seattle Times reports that the new entity would include Swedish Health Services in Washington, which operates five hospitals in King, Snohomish and Kittitas counties. Also included would be Providence Health & Services operations in King, Snohomish, Thurston and Lewis counties. In those counties, Providence operates three hospitals and 21 senior and community-service programs.
The planned affiliation will undergo regulatory review.
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