Dean Shareholders Vote to Merge with SSM
Madison – Dean Health Systems and SSM Health Care are an important step closer to becoming one organization. Last night, more than 97 percent of the Dean physician shareholders voted in favor of the deal which would merge Dean into SSM. In April, SSM Health Care and Dean Health Systems signed an agreement under which the physician-owned Dean and its subsidiaries would become part of SSM Health Care.
Now that the Dean physician shareholders have approved the merger, approval is next required by the Wisconsin Insurance Office of the Commissioner of Insurance and other regulatory agencies, which is expected to occur by late summer.
A transition team will next begin working out the details of the Dean Health Systems and SSM Health Care integration plan. Terms of the deal will not be disclosed.
About SSM Health Care
SSM Health Care is a Catholic, not-for-profit health system with an international reputation as a pioneer in the use of quality measures to improve care. With more than 7,000 physicians and 25,800 employees in four states, SSM is one of the largest employers in every community it serves. It is located in Wisconsin, Oklahoma, Illinois and Missouri. In every region, SSM facilities forge creative relationships in the community to foster healthier people and healthier neighborhoods. Through these relationships and at its various sites, SSM serves more than 1.5 million people annually.
An early adopter of the electronic health record, SSM provides care in a range of convenient settings, including hospitals, a pediatric medical center, outpatient centers, rural and inner city clinics, surgery centers, nursing homes, assisted living facilities, physician offices, an emergency center, rehabilitation facilities, home care, and hospice.
SSM was the first health care organization to receive the Malcolm Baldrige National Quality Award, the nation’s highest award for quality.
About Dean Health Systems
Dean Health Systems, Inc. is a for-profit physician-owned organization based in Madison, WI. DHS is comprised of a network of 60+ clinics, Davis Duehr Dean eye care, Dean Health Plan (insurance provider already jointly owned by SSM), WIITTS (Wisconsin Integrated Information Technology and Telemedicine Systems) and Navitus Health Solutions.
Approximately 500 physicians provide primary, specialty and tertiary care. DHS serves more than 300,000 health plan members throughout south-central Wisconsin. Dean is an early adopter of process improvement within the health care industry, with a strong emphasis on primary care, wellness and preventative care.