At meetings with our faculty, staff and alumni association president yesterday, I announced that the Boards of Trustees of Salus University and University of the Sciences in Philadelphia have agreed to discussions to consider forming a broad strategic partnership that could potentially lead to a merger of our two long-standing educational healthcare institutions.
Although discussions are very much in an exploratory phase, our respective boards recognize the potential for growth as a combined institution far exceeds what either of us can accomplish alone. There is no time table for completion of the talks.
Salus and University of the Sciences in Philadelphia offer marquee programs that, if combined under a single university, would form a health sciences university of considerable breadth and scale. As the landscape of American higher education has changed over the past few years, the boards at Salus and USciences felt it was important to consider how combining forces could strengthen health education delivery and be poised to meet the challenges of the 21st century. Both institutions think tremendous opportunities can be gained from this potential partnership.
On behalf of the board, I am very excited about the future and the possible outcome of these discussions. We look forward to sharing additional information as talks progress.