Jan. 26, 2026
— Jeff Ward, Lehigh Valley News Briefs
Jefferson Health’s takeover of Lehigh Valley Health Network keeps looking worse.
The organization has suffered big operating losses since acquiring LVHN. What was a local health operation is now a brand of Philadelphia-based Jefferson.
St. Luke’s University Health Network is now the only independent group in the region.
Today, the Philadelphia Business Journal reported that the S&P rating agency may lower Jefferson’s credit rating because of operating losses and “thin” debt-service coverage. S&P, also known as Standard & Poor’s, is one of the main credit-rating services.
When a credit rating is cut, borrowing becomes more expensive.
Jefferson has cut jobs since the 2024 acquisition of LVHN, which the two organizations described as a combination. LVHN ‘s own website described the Lehigh Valley operations as “part of Jefferson Health.”
I’ll update when time is available. There is still snow to move.