SOUTH

Modern Healthcare - - Regional News -

OR­LANDO—

Or­lando Health, Shands Health­Care, and the Uni­ver­sity of Florida have signed a mem­o­ran­dum of un­der­stand­ing to jointly de­velop clin­i­cal pro­grams and co­op­er­a­tive ar­range­ments, in­clud­ing col­lec­tive ef­forts for safety net care for in­di­gent Florida res­i­dents. The agree­ment af­fects sev­eral large providers in cen­tral Florida. Or­lando Health owns three acute-care hos­pi­tals, in­clud­ing the 1,356-bed Or­lando Re­gional Med­i­cal Cen­ter, while Gainesville-based Shands owns two sep­a­rate aca­demic med­i­cal cen­ters. Shands al­ready has a pre­ex­ist­ing fac­ulty-shar­ing agree­ment with the Uni­ver­sity of Florida. The three or­ga­ni­za­tions treat about 2.5 mil­lion Florid­i­ans a year. Ac­cord­ing to a news re­lease, the agree­ment be­tween Or­lando Health, Shands and the uni­ver­sity will pave the way for fu­ture col­lab­o­ra­tion be­tween the or­ga­ni­za­tions, in­clud­ing devel­op­ment of joint op­er­a­tions for safety net care and a re­gional com­pre­hen­sive car­diac-care pro­gram. Of­fi­cials say their goal is to de­velop a “com­pre­hen­sive sys­tem of care” from pri­mary care to com­plex treat­ments such as trans­plan­ta­tion, while in­creas­ing col­lab­o­ra­tion on physi­cian train­ing, clin­i­cal tri­als and joint clin­i­cal pro­grams in ar­eas such as pe­di­atrics, neu­ro­science and on­col­ogy.

SUWA­NEE, Ga.—

Nav­i­gant Con­sult­ing, Chicago, has acquired EthosPart­ners Health­care Man­age­ment Group, a Suwa­nee, Ga.-based health­care con­sul­tant group spe­cial­iz­ing in physi­cian-hos­pi­tal align­ment, physi­cian prac­tice op­er­a­tions and rev­enue-cy­cle man­age­ment, in a $37 mil­lion deal. The trans­ac­tion in­cluded $28 mil­lion in cash, $2 mil­lion in re­stricted Nav­i­gant stock and $7 mil­lion in de­ferred cash pay­ments, ac­cord­ing to a news re­lease. EthosPart­ners can earn an ad­di­tional $8 mil­lion based on fu­ture per­for­mance. The deal also calls for eight EthosPart­ners in­di­vid­u­als to join Nav­i­gant as man­ag­ing di­rec­tors and in­cludes an 85-per­son rev­enue-cy­cle out­sourc­ing busi­ness based in Mitchell, S.D. In Fe­bru­ary, EthosPart­ners merged with Byrne Health­care, a Den­ver-based car­dio­vas­cu­lar con­sul­tant and de­vel­oper of health self-as­sess­ment tools.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.