Spectrum Health and Beaumont Health signed a letter of intent to merge in June last year. Credit: Chokniti Khongchum from Pixabay.

Beaumont Health and Spectrum Health have announced the launch of a new not-for-profit health system in the Michigan state of the US. 

It will be called as BHSH System on a temporary basis.

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The companies had announced the merger by signing a Letter of Intent (LOI) in June last year.

Both firms have provided all required information to the relevant regulatory authorities to proceed with the launch of the BHSH System.

It will offer care and coverage with a team of more than 64,000 dedicated members and a provider-funded health plan, Priority Health. 

The team comprises over 11,500 doctors and advanced practice providers as well as over 15,000 nurses providing services in 22 hospitals, over 300 outpatient settings and numerous post-acute facilities. 

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Spectrum Health president and CEO Tina Freese Decker will now serve as the president and CEO of BHSH System, which will have dual headquarters in Grand Rapids and Southfield.

Beaumont Health board chair and incoming BHSH System board chair Julie Fream said: “Our focus, as we launch our new health system, is to continue to provide excellent health care and coverage in our communities. 

“We look forward to continuing to partner with our patients, team members and health plan members as we build a new organisation designed to improve the health of the communities we serve.”

Earlier, the companies revealed the goals for the new system. This comprises enhancing health and health equity, boosting the consumer experience, extending quality of health care, value and outcomes, and creating affordable health care.