Breaking News: ATP and CTP Agree to Merge, Creating a Combined Entity Focused on Arizona's Health Care System

A Strategic Alliance Transforming Arizona's Healthcare Landscape

In a groundbreaking move, Arizona-based health systems Abrazo Health (Abrazo) and Canyon Vista Medical Center (Canyon Vista) have announced a definitive agreement to merge, forming Arizona Total Care Partnership (ATP CTP Arizona). The combined entity will operate under the name Abrazo Health and will be headquartered in Phoenix, Arizona.

Key Highlights of the Merger

• The merger combines the strengths of two leading healthcare providers in Arizona, creating a more robust and comprehensive health care system.
• The combined entity will have a network of 10 hospitals, over 200 primary and specialty care clinics, and a team of more than 12,000 employees.
• ATP CTP Arizona will provide a wide range of services, including primary and specialty care, urgent care, behavioral health, and home health services.
• The merger is expected to enhance access to affordable, high-quality healthcare services for the residents of Arizona.

The merger has been approved by the boards of directors of both Abrazo and Canyon Vista and is expected to close in the second half of 2023, subject to customary closing conditions, including regulatory approvals.

Benefits of the Merger

• Improved access to care: The combined entity will have a larger network of providers and facilities, making it more convenient for patients to receive the care they need.
• Enhanced quality of care: The merger will allow Abrazo and Canyon Vista to share best practices and resources, leading to improved quality of care for patients.
• Increased efficiency: The combined entity will be able to operate more efficiently, leading to lower costs for patients and payers.
• Expanded services: The merger will allow Abrazo and Canyon Vista to offer a broader range of services to patients, including new specialty care services.

The merger of Abrazo and Canyon Vista is a significant development in the Arizona healthcare landscape. The combined entity will be one of the largest healthcare providers in the state, with a commitment to providing high-quality, affordable healthcare to the residents of Arizona.