John L. Scott Real Estate
Monday, April 22, 2019
 Welcome! Please Login or Register  
Recent Entries
Entries 1-5 of 71
1 2 3 4 5 ... 15 | Next
Wednesday, September 30, 2009
Let?s be real and provide the passion of what we do for a living!
Posted by Bob Bass at 10/1/2009 4:26:00 AM
Friday, September 18, 2009

UPDATED – If the deal between Saint Alphonsus Regional Medical Center and Catholic Health Initiatives goes through as planned it would increase Saint Alphonsus’ workforce by a third – to around 4,400 – and boost the number of beds in the system to more than 700, up from 386.

The Michigan-based parent company of Saint Alphonsus has signed a letter of intent with Catholic Health Initiatives to purchase Mercy Medical Center in Nampa, along with Holy Rosary Medical Center and Saint Elizabeth Health Services, both in eastern Oregon.

“We’ve always had a regional approach to providing quality care to those communities,” Sally Jeffcoat, CEO of Saint Alphonsus said in an interview, “and this really creates a regional health care system rather than individual hospitals trying to collaborate.”

She said more importantly the transaction would create a new regional health system stretching from southwest Idaho to eastern Oregon, and extend services to the area’s underserved.

“Being together as one entity will allow us to do this in a very comprehensive way. This definitely has the potential of strengthening Saint Alphonsus as well as the three hospitals with CHI,” she added.

Trinity Health, which owns Saint Al’s and more than 40 other acute-care hospitals nationwide, announced the planned merger in a news release on Sept. 2. CHI, based in Denver, and Trinity Health are both faith-based Catholic health systems.

Officials with the hospital said ongoing discussions will have no effect on current operations, and when the facilities are eventually combined all will remain open. She wouldn’t disclose financial details of the proposed merger.

Mary Buchanan, director of marketing and public relations at Mercy Medical Center, said employees at the Nampa hospital learned of the letter of intent on Sept. 2.

“I think that people are happy because the employees and staff were aware that these talks were in process,” she said. “It’s nice to know that it’s Saint Alphonsus that we may be joining forces with.

“It really broadens our service base and provides additional resources for us to improve patient care,” she added. “For them it creates a new regional health system. It expands their services significantly.”

Jeffcoat said Saint Al’s and the CHI hospitals offer distinct services that should integrate easily.

“I don’t readily see a lot of redundancy. The gaps in care are something we’re going to look at to see what we can add to improve the care and coverage in those communities,” she said. “We will have a keen focus on recruiting physicians to those communities to assure they have the appropriate physician and mid-level providers so patients have access to quality and consistent health care.”

Following a period for due diligence assessment by both systems, the next step would be execution of a definitive agreement. Jeffcoat said that process is expected to be completed within 120 days, pending approval from various state and federal regulatory agencies.

“We are optimistic that that’s something we’ll get through in a seamless sort of way. I don’t think there are any red flags or barriers that we see at this point,” she said.

From the Idaho Business Review
Wednesday, September 2, 2009 by Zach Hagadone

Posted by jennae at 9/18/2009 11:38:00 PM
Wednesday, September 16, 2009
You are now working under the microscope!
Posted by Bob Bass at 9/16/2009 8:38:00 PM
You are now working under the microscope!
Posted by Bob Bass at 9/16/2009 8:35:00 PM
Tuesday, September 15, 2009
Entries 1-5 of 71
1 2 3 4 5 ... 15 | Next