CEOs say health merger means lower cost, better care
The CEOs for two Twin Cities major healthcare systems say their proposed merger will mean better quality healthcare for patients at a more affordable cost. Bloomington-based HealthPartners and St. Louis Park-based Park Nicollet will combine operations Jan. 1 if regulators approve. Merging the two non-profits would create a massive health organization with annual revenues of about $5 billion. The combined operations will include Park Nicollet Methodist Hospital in St. Louis Park, four HealthPartners hospitals: Regions Hospital in St. Paul, Lakeview Hospital in Stillwater, Hudson Hospital in Hudson, Wis., and Westfields Hospital in New Richmond, Wis. Officials say patients shouldn't notice any interruption and can expect to use their clinics and health plans as before.
- CMS Sets 2014 Pay Rates for Hospital Outpatient and Physician Services
- FDA hopes hospitals will switch to newly regulated pharmacies
- The 5 Biggest Healthcare Finance Trouble Spots
- Not-for-Profit Hospitals Find Opportunity Amid Uncertainty
- Nonprofit Hospital Outlook 'Negative' in 2014
- The Most Polarizing Topics in Healthcare IT
- Are ACOs Really Different from HMOs?
- How CPOE Will Make Healthcare Smarter
- Why You Should Involve Patients in Nursing Handoffs
- Rise of the Chief Strategy Officer