Another round of OH hospital mergers?
Akron-based Summa Health System said Wednesday that it is exploring a partnership with a larger, nonprofit health system as it prepares for changes in the way hospitals will be reimbursed by federal and commercial insurers. Summa, which has 11,000 employees at eight owned or affiliated hospitals, is one of the largest health systems in Northeast Ohio with $1.6 billion in revenue. Ideally, Strauss said, a partner would help the system better serve patients and prepare for the health industry shift from being paid for each individual service provided to reimbursement based on the kind of care given.
- CEO Exchange: Preparing for Population Health
- Interventional Radiology No Longer a Sub-Specialty
- Advocate, NorthShore Deal Would Create 16-Hospital System
- Top Reason for Nurse Turnover: Managers
- CEO Exchange: Pressure is On to Partner, Drive Quality
- Power of price: In South FL and the nation, healthcare costs often are shrouded in secrecy
- Two NY hospitals to offer free hip and knee replacement surgeries for qualifying patients in December
- Hospital mergers may lead to higher prices
- House OKs Cassidy's 'keep your plan' bill
- Healthcare data of 1 million NJ patients compromised since 2009