Cooper Health System

07/01/2024 | Press release | Distributed by Public on 07/01/2024 07:02

It’s Official: Cape Regional Is Now Part of Cooper University Health Care

(CAMDEN and CAPE MAY, NJ) - The closing is complete and Cape Regional Health System is now part of Cooper University Health Care, effective today, July 1, 2024. As part of the closing, Cape Regional Medical Center has been renamed Cooper University Hospital Cape Regional.

"This agreement will transform health care for the residents and visitors of Cape May and Atlantic counties," said George E. Norcross III, Chairman of Cooper University Health Care's Board of Trustees. "We are ready to move forward and for our unified team to begin delivering the highest level of advanced health care to more people in shore communities and beyond. We are excited by the opportunity to build something extraordinary here."

"Today is a significant day and a new chapter for health care in Cape May County and beyond. I want to thank our entire team for all the great work in serving the people of this community so well, for so many years, that brought us to this exciting new beginning where we will be able to serve even more people," stated Garry Gilbert, former Chairman, Cape Regional Health System Board of Trustees.

In December 2022, Cooper and Cape Regional announced the proposal to join together, followed by execution of a Definitive Agreement in April 2023. Final regulatory approval by the New Jersey Superior Court of Cape May County was secured on May 28, 2024. The transaction was officially completed effective today.

Cooper, with its market-leading MD Anderson Cancer Center at Cooper, is based in the City of Camden and is southern New Jersey's leading academic health system and only Level I trauma center, with more than $2.2 billion in revenue. Cape Regional Health System has earned the Gold Seal of Approval from the Joint Commission and is an integrated health care delivery system serving residents throughout Cape May County.

"We are happy to have brought this vision to reality. We look forward to working with our new colleagues to build upon their tremendous work and provide the highest quality of primary and specialty care to the residents and visitors at the shore," said Anthony J. Mazzarelli, MD, JD, MBE, co-CEO of Cooper University Health Care.

"Today is a day of great promise, as two teams have become one team dedicated to serving communities across South Jersey," said Kevin O'Dowd, JD, co-CEO of Cooper University Health Care. "We look forward to the future and the work we will do with our new team members and with residents and visitors to the shore region."

"The future of health care is very bright for the residents and visitors of Cape May County as a result of this merger," stated Joanne Carrocino, FACHE, CEO, Cooper University Hospital Cape Regional. "The Cape Regional team is excited to begin working with our new colleagues at Cooper."

"The entire Cooper team is looking forward to collaborating with our new team members in Cape May County to enhance access to the highest levels of care and enrich the health care experience for the people of Cape May and Atlantic counties," said Christine Winn, PhD, FACHE, Senior Vice President and Chief Regional Officer for Cooper, who will oversee Cooper operations in Cape May and Atlantic counties, including Cooper University Hospital Cape Regional.

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About Cooper University Health Care

Cooper University Health Care, with its MD Anderson Cancer Center at Cooper and affiliation with Cooper Medical School of Rowan University, is a leading academic health system. Cooper has more than 11,000 team members, including nearly 1,600 nurses, more than 1,000 employed physicians, and more than 550 advanced practice providers.

Cooper University Hospital has been recognized as a top-performing regional hospital by U.S. News & World Report's 2023-2024 Best Hospitals annual survey.

Cooper has revenues of more than $2 billion and, along with its new upgraded "A" rating from S&P, recently received an A+ credit rating from Fitch Ratings. Cooper University Hospital is the only Level 1 Trauma Center in South Jersey and the busiest in the region. More than two million patients are served annually at Cooper's 663-bed flagship hospital, outpatient surgery center, three urgent care centers, and more than 100 ambulatory offices throughout the community. Cooper has been named as one of America's Best Employers by Forbes for three consecutive years.

The Cooper Health Sciences campus in Camden, New Jersey, is home to Cooper University Hospital, MD Anderson Cancer Center at Cooper, Children's Regional Hospital at Cooper, and Cooper Medical School of Rowan University.

In Cape May County, Cooper University Hospital Cape Regional is a 213-bed facility in Cape May Court House and includes a cancer center and the Claire C. Brodesser Surgery Center. Additionally, patients have access to three urgent care centers and several outpatient primary and specialty care offices as well as wound care, radiology, lab, and physical therapy services throughout Cape May County.

Visit CooperHealth.org to learn more.