Friday, August 10, 2012

CHS to manage two more hospitals - Charlotte Business Journal:

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A management contract with , a 119-ber hospital serving Stanly andMontgomery counties, startz March 1. A similar agreement with in Laurinburv takes effectApril 1. Financial terms weren’t disclosed. “They’rw not looking to us for They’re looking to us for management saysRuss Guerin, executive vice president of business developmentt and planning at Carolinas HealthCare. “We have a lot of expertiss we can bring to the table thatthey can’ty gain access to as an independent hospital.” Carolinass HealthCare won’t assume any debt from the hospitals or liabilities for financing for new projects.
The hospitals will keep localoboard leadership, which will handle financial The agreements provide access to resources, such as group help with physician recruitment and supply-chain management. It can help hospital meet quality goals. “For us, managing independent local hospitals is a business lineof ours,” Guerin says. These partnerships can lead to adeeperr relationship, such a merger or he adds. Carolinas HealthCare had an existing relationshil withboth hospitals. Scotland Memorial was part of CarolinasaHospital Network, which was created to sharw best practices among memberf hospitals.
Stanly Regional Medical Center and Carolinas HealthCar have been working together since 1995 under an agreement todevelop health-caree services in western Stanly County. That includew the development of an imaging centerd at the Stanly Regionalwest “At this point, our organization from a management poing of view will become very integrated,” Guerinn says. Stanly Regional’s main campus is a 119-bed medical facility in Albemarle with97 acute-care 10 rehabilitation beds and 12 behavioral-health beds. Scotland Regional includews the 104-bed Scotland Memorial Hospital, The Edwin Morganm Center, Scotland Memorial Foundation and Hospice ofScotland County.
Charlotte-based Carolinaa HealthCare is thelargest health-care system in the Carolinas and the third-largestr public system in the The system owns, leases or manages 25

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