The University’s action follows an enthusiastic approval from the Penn Medicine Executive Committee and the Princeton HealthCare System Board. The agreement is contingent upon agreed upon closing conditions, including final approval by state and federal authorities which will be provided with extensive materials related to the proposed transaction.
Founded in 1919, PHCS is a 429-bed, integrated health care system that provides a wide range of inpatient and outpatient care, as well as behavioral health care and home care, to the residents of Central New Jersey and beyond. Princeton House Behavioral Health is a division of PHCS.
“Affiliating with the University of Pennsylvania Health System represents the best means of assuring that PHCS and its affiliates can continue to fulfill their mission and charitable objectives in the future,” said PHCS President and CEO Barry S. Rabner. “When this partnership is finalized, members of our community will receive enhanced high-quality care right here, close to home, and they will enjoy the added benefit of easier access to the latest medical breakthroughs, clinical trials, cutting-edge technologies, and specialized clinical expertise here and elsewhere in the Penn Medicine system.”
A division of PHCS, Princeton House Behavioral Health includes:
- A psychiatric emergency department
- 110 inpatient addictions and behavioral health beds
- Inpatient and partial hospital treatment for eating disorders
- Partial hospital and intensive outpatient programs in the following locations: Princeton, Hamilton, North Brunswick, Moorestown, and Eatontown.
Pictured above (left-right): Barry S. Rabner, President & CEO, Princeton HealthCare System; Kim Pimley, Chairman of the Board of PHCS; Andrew Heyer, Chair of the Penn Medicine Board of Trustees; and Ralph W. Muller, CEO of the University of Pennsylvania Health System.
Article as seen in the Winter 2017 issue of Princeton House Behavioral Health.
