Overview
- Both nonprofits said they mutually terminated the letter of intent and will continue to operate separately.
- The proposed combination was projected to generate roughly $6 billion in annual revenue across four states.
- The plan would have joined about 600 care sites and affected roughly 30,000 employees in New Jersey, Pennsylvania, Delaware and Maryland.
- Financial disclosures show Virtua reported about $3.24 billion in revenue last year, while ChristianaCare reported roughly $3.3 billion for the year ending June 30, 2025.
- Each organization continues its own growth efforts, with Virtua renovating hospitals and maintaining partnerships with Penn Medicine and CHOP, and ChristianaCare expanding through Crozer outpatient leases and micro-hospital projects including Jennersville.