Baptist Health, Brookwood agree to merger
Birmingham, Al.’s Baptist Health and Brookwood Medical are merging as part of a joint venture between Baptist and Brookwood’s parent company, Tenet Healthcare. The new system, comprised of Baptist’s four hospitals and Brookwood, will be run by Baptist CEO Keith Parrott and will have a combined 1700 licensed beds, reports the Birmingham Business Journal. In light of Baptist’s dwindling number of hospitals over the last 20 years, it was looking to partner with a larger network to offset costs but would not be bought outright. The joint venture was the answer, and Tenet saw Baptist’s 100-year history as an asset for the system. Parrott says regulatory lose ends should be tied by the third quarter of 2015.
Mount St. Mary’s Hospital joins Catholic Health
Niagara County, New York’s Mount St. Mary’s Hospital announced it has joined Buffalo-based Catholic Health Services, effective June 24, 2015, reports the Lockport Journal. Previously under sponsorship of Ascension Health, the hospital’s addition to CHS, bringing with it $100 million in revenue, will make the health care system a billion-dollar organization. Founded in 1907 by the Sisters of St. Francis of Williamsville, Mount St. Mary’s is a 175-bed hospital and has been an institutional member of Catholic Medical Partners for seven years. It now includes a newer hospital in Lewiston, NY as well as a multi-specialty primary care clinic. Mount St. Mary’s reported more than 20,000 patient visits in 2014.
Baptist Health Care, Church Health Center Launch Residency Program
Baptist Health Care and Church Health Center in Memphis, Tenn. have partnered to launch a new family medicine residency program providing opportunities both to new doctors and the underserved in the area, according to the Memphis Daily News. The program, directed by Baptist’s chief academic officer Anne Sullivan, will recruit small groups of residents in waves, the first of which will begin July 2016. Residents will be trained in the Church Health Center’s model of integrated care, with an emphasis on how to care for the uninsured. They will be primarily based at Church Health Center but will rotate through the Baptist system and various doctors’ offices. Baptist will fund the program and provide inpatient supervision.
FedEx Donates $1 Million To St. Jude Children’s Research Hospital
FedEx has donated $1 million to St. Jude Children’s Research Hospital on behalf of the winner of its 2014 FedEx Cup, the first of a three-year commitment in which FedEx will donate $1 million on behalf the tournament champion. According to localmemphis.com, FedEx is a strong supporter of the hospital, raising awareness by giving an annual Purple Eagle dedication to a child of a FedEx employee receiving treatment through St. Jude, and sponsoring the FedEx St. Jude Classic golf tournament. The company dedicated a cargo plane to this year’s Purple Eagle recipient, 9-year-old Tyler West, which will bear West’s name and be on display at the Classic.