Creve Coeur-based SSM Health said Wednesday that it is partnering with Oklahoma University Medicine and University Hospitals Authority and Trust to create a "premier" health care network in Oklahoma.
SSM Health and UHAT will share governance and financial responsibility of the network that encompasses more than 23 hospitals and 1,100 physicians and providers. SSM will manage day-to-day operations of the network that mainly serves the Oklahoma City area, according to spokesman Brian Westrich.
Officials would not immediately elaborate on the exact terms of the partnership.
"The transaction should be finalized within the first half of 2017, pending regulatory and other approvals. No state-appropriated funds will be used to create the new network," according to SSM's Wednesday statement.