The Reading Health System announced Wednesday that it has joined an alliance with six other health systems in Pennsylvania and New Jersey, a move officials say could lead to better and more affordable care for patients, improve hospital operations and reduce costs.
The alliance, AllSpire Health Partners, is not a merger, officials stressed. Reading Hospital will remain locally governed and managed.
The seven health systems include a total of 25 hospitals with a service area of more than 6 million people. The systems have a combined revenue of $10.5 billion, and AllSpire touts the partnership as the largest health care consortium in the country.