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Elwyn’s $1 Billion Merger with Merakey Falls Through

PIC Both non-profits serve those with intellectual and developmental disabilities. The merger would have created a new PIC Both non-profits serve those with intellectual and developmental disabilities. The merger would have created a new $1 billion organization of 12,000 employees and 55,000 clients across 16 states. billion organization of 12,000 employees and 55,000 clients across 16 states. — PIC Both non-profits serve those with intellectual and developmental disabilities. The merger would have created a new $1 billion organization of 12,000 employees and 55,000 clients across 16 states.

In 2023, Lafayette Hill’s Merakey had announced a merger with Elwyn, a Delaware County nonprofit, but according to Behavioral Health News, the agreement is now off, writes Kevin Tierney for More Than The Curve.

Both non-profits serve those with intellectual and developmental disabilities. The merger would have created a new $1 billion organization of 12,000 employees and 55,000 clients across 16 states.

Neither of the nonprofits have commented on the decision, but a Merakey C-suite executive told Behavioral Health News that “both organizations mutually agreed to walk away from the affiliation.”

Merakey provides behavioral health education and IDD services in 12 states. Elwyn, founded in 1852 and headquartered in Media, offers similar services in eight states.

Behavioral health providers are facing many challenges today, including staffing issues, complex care, and low reimbursement rates.

Read more about Merakey and Elwyn and the challenges behavioral health providers face at More Than The Curve.

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