Lehigh Valley Health Network

Last updated
Lehigh Valley Health Network
Company type Subsidiary
IndustryHealthcare, hospitals
Founded1899;125 years ago (1899)
Defunct2024 (2024)
Headquarters,
U.S.
Services Primary, secondary, and tertiary care centers; ambulatory clinics
Revenue$4.1 B (Fiscal Year 2023)
Number of employees
20,000 (2024)
Parent Jefferson Health
Website www.lvhn.org
Lehigh Valley Hospital-Cedar Crest on Cedar Crest Boulevard in Allentown, the largest hospital in the Lehigh Valley, third-largest hospital in Pennsylvania with 877 beds and 46 operating rooms, and Lehigh Valley Health Network's flagship hospital Lehigh-Valley-Hospital.x.jpg
Lehigh Valley Hospital–Cedar Crest on Cedar Crest Boulevard in Allentown, the largest hospital in the Lehigh Valley, third-largest hospital in Pennsylvania with 877 beds and 46 operating rooms, and Lehigh Valley Health Network's flagship hospital

Lehigh Valley Health Network is a subsidiary of Jefferson Health. Prior to its August 2024 acquisition by Jefferson Health, [1] , Lehigh Valley Health Network was an independent healthcare network based in the Allentown, Pennsylvania in the Lehigh Valley metropolitan region of eastern Pennsylvania. The healthcare subsidiary serves the Lehigh Valley and Northeastern Pennsylvania regions of Pennsylvania.

Contents

The network's flagship hospital, Lehigh Valley Hospital–Cedar Crest, located on Cedar Crest Boulevard in Allentown, is the third-largest hospital in the state as of 2023.

Prior to the acquisition, Lehigh Valley Health Network was the largest employer in the Lehigh Valley metropolitan region. [2]

History

Lehigh Valley Health Network has 981 licensed-acute beds on its three campuses. [3] [4] Its flagship hospital, Lehigh Valley Hospital–Cedar Crest, located at 1200 South Cedar Crest Boulevard in Allentown, is the state's third-largest hospital, Pennsylvania's first Level One Trauma Center, and one of two Level One trauma centers in the Lehigh Valley, the state's third-most populous metropolitan region with 861,889 residents as of 2020. St. Luke’s University Health Network’s Bethlehem Hospital, located in Fountain Hill, is the only other Level One trauma center in the Lehigh Valley. The hospital's trauma center also provides pediatric trauma care. [5]

In 2007, Lehigh Valley Health Network had 50,070 admissions, 14,319 inpatient surgeries, 453,477 outpatient visits, 14,841 outpatient surgeries, 119,017 emergency room visits, and 3,184 births in network hospitals. [3] [4] LVHN operates the third largest heart surgery program in Pennsylvania with more than 1,200 open-heart procedures performed each year. [5] The Lehigh Valley Health Network Cancer Center, based on its Cedar Crest Boulevard campus, is the fourth-largest in Pennsylvania, treating over 2,400 new patients annually. [5]

In 2014, operating income for the network increased by $9 million to $42 million. Acute admissions increased more than two percent over 2013, to 55,000, and emergency room visits, increased seven percent over 2013, to 190,000.

In 2014, the not-for-profit hospital network increased its philanthropic giving to $354 million, up eight percent over 2013, providing free care, reduced cost care, education, sponsorships, and other efforts that make up the foundation of the network's not-for-profit status. The not-for-profit supports over 11,000 free flu shots, which are offered at Dorney Park & Wildwater Kingdom in South Whitehall Township and Coca-Cola Park in East Allentown, and a dental van that provides free care to more than 1,000 children annually and covers the differential between health care costs and how much Medicaid and Medicare reimburse. [6]

Merger with Pocono Health System

In May 2015, the parent companies of Pocono Health System and Lehigh Valley Health Network announced an agreement to merge. The planned merger was approved by both corporations' boards of directors in separate meetings. [7]

On January 1, 2017, a full asset merger of Pocono Health System and flagship hospital, Pocono Medical Center, by Lehigh Valley Health Network was completed. Pocono Health System was renamed LVHN-Pocono, and Pocono Medical Center was renamed Lehigh Valley Hospital-Pocono.

Merger with Jefferson

Lehigh Valley Health Network announced plans to be acquired by Jefferson Health in December 2023. [8] While officially a merger of Lehigh Valley-based LVHN and Philadelphia-based Jefferson Health the new system will be headquartered in Philadelphia and run by current Jefferson Health CEO and executives. The acquisition of Lehigh Valley Health Network was spurred by Jefferson's need to expand Jefferson Health's insurance offerings across more of Pennsylvania and the continued poor financial and market performance of LVHN. The acquisition of LVHN by Jefferson Health was completed on August 1, 2024. The larger Jefferson Health system, as of August 1, 2024, has 32 hospitals and over 700 locations. The larger entity will have revenues over $13 Billion and over 2,000 hospital beds easily surpassing Penn Medicine to become the second largest health network in Pennsylvania behind Pittsburg based UPMC. [9] [10]

Locations

Tracing its roots back to Allentown Hospital, which was founded in 1899, LVHN has grown to include nine regional hospital campuses, physicians practices and groups, clinics, testing, and imaging centers, health centers, and urgent care locations. The hospital campuses are:

Carbon County

Lehigh Valley Hospital–Carbon, 2128 Blakeslee Blvd Dr E., Lehighton

Lackawanna County

Lehigh County

Luzerne County

Monroe County

Montgomery County

Northampton County

Schuylkill County


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References

  1. lehighvalleylive.com, Kurt Bresswein | For (2024-08-01). "Lehigh Valley Health Network officially joins Jefferson in 'transformative' nonprofit pairing". lehighvalleylive. Retrieved 2024-08-01.
  2. "Lehigh Valley's Largest Private-Sector Employers", Lehigh Valley Economic Development
  3. 1 2 "U,S. News & World Report Hospitals Directory Lehigh Valley Hospital". U.S. News & World Report . Retrieved 2008-08-01.
  4. 1 2 "U.S. News & World Report Hospitals Directory Lehigh Valley Hospital-Muhlenburg". U.S. News & World Report . Retrieved 2008-08-01.
  5. 1 2 3 "Lehigh Valley Hospital - About Us: History" . Retrieved 2008-08-01.
  6. The Morning Call, Dec. 3, 2014
  7. Pocono Record, May 28, 2015
  8. Gamble, Molly (2023-12-20). "Jefferson, Lehigh Valley Health plan to merge into 30-hospital system". www.beckershospitalreview.com. Retrieved 2024-08-02.
  9. Brubaker, Harold (2023-12-19). "Jefferson plans to acquire Lehigh Valley Health Network, forming a 30-hospital network". www.inquirer.com. Retrieved 2023-12-19.
  10. Cass, Andrew (2024-08-01). "Jefferson, LVHN merge: 10 things to know". www.beckershospitalreview.com. Retrieved 2024-08-02.