WA's Valley General Hospital wants a partner
After four consecutive years of financial losses, Valley General Hospital in Monroe, WA, is asking eight large health care organizations if any of them are interested in a business partnership. The deals could include anything from providing additional medical services to leasing the hospital or buying it outright, said Mike Liepman, Valley's CEO. Interested health care organizations will have about a month to respond, he said. Valley will take two months to consider the proposals and then decide whether to go ahead with more formal talks or to abandon the idea and remain as an independent community hospital, he said.
Most Viewed
Most Emailed
- $6.4B Henry Ford, Beaumont Merger Failed on Cultural Hurdles
- House Lawmakers Grill CMS Over Health Exchange Navigators
- Fortunately, Angelina Jolie Isn't On Medicare
- Don't Let Nurses Sink Your Bottom Line
- How Chargemaster Data May Affect Hospital Revenue
- Uncompensated Care Faces a Double Hit in Some States
- ED Physicians Key to Half of Hospital Admissions
- Insurer's App Aims to Lower Healthcare Costs, Securely
- Hospital Pricing Transparency a Marketing Game Changer
- Primary Care Docs Average More Hospital Revenue Than Specialists
