April 13, 2023 – Froedtert Health and ThedaCare announced they have signed a letter of intent to come together as one organization to advance local health care for patients and improve health and the delivery of health care in Wisconsin.
The organizations know each other well through their existing quaternary partnership, which includes the Medical College of Wisconsin, to expand access to the most advanced levels of medicine and a joint venture to create two new health campuses. The combined organization will further their current work together to close care gaps, recruit and retain talent, develop innovations to meet patient needs and advance their respective legacies of clinical excellence and community focus.
The combined organization will:
- Help the people of Wisconsin live their unique, best lives, providing better and more seamless access to comprehensive, high-quality care when people are sick or injured and serving as a true partner in health to help keep people well.
- Be based in Wisconsin, led by people who live and work in Wisconsin and governed by a parent board composed of current board members from both organizations including two board members who serve on both the boards of the Medical College of Wisconsin and Froedtert Health concurrently.
- Deliver real value and bring innovative solutions for the health care needs of its state and communities, including addressing health equity, health disparities and more, with a clear commitment to urban, suburban and rural areas.
- Honor and grow the strong legacies of clinical excellence and community commitment that are the shared hallmarks of each organization. The trusted brand names of the existing organizations will continue.
- Work in concert with its partners at the Medical College of Wisconsin to bring together every aspect of care, including primary care, specialty care, the most advanced levels of care, clinical trials, graduate medical education and more.