Modern Healthcare - - REGIONAL NEWS -

AT­LANTA— Emory Health­care and St. Joseph’s Health Sys­tem for­mally closed their deal to com­bine on Jan. 1. The an­nounce­ment comes 10 months af­ter they an­nounced their in­ten­tions for a part­ner­ship. The agree­ment gives Emory a ma­jor­ity stake in op­er­a­tions at 51% with St. Joseph re­tain­ing 49%. St. Joseph will en­joy su­per-ma­jor­ity rights on is­sues per­tain­ing to Ro­man Catholic doc­trine and the hos­pi­tal’s mis­sion. The Vat­i­can has al­ready ap­proved the deal. “The part­ner­ship will en­able us to ex­pand ser­vices, fa­cil­i­tat­ing broader pa­tient ac­cess while pro­vid­ing a more co­he­sive ex­pe­ri­ence through shar­ing elec­tronic med­i­cal records,” Emory Pres­i­dent and CEO John Fox said in a news re­lease. “While this part­ner­ship has taken time to de­velop, I have never been more ex­cited about our fu­ture. Emory Health­care and St. Joseph’s, two of At­lanta’s old­est, most es­tab­lished and re­spected cen­ters for health and heal­ing, can now be­gin the work of en­hanc­ing pa­tient care to­gether.” Emory con­sists of three hos­pi­tals and more than 20 clin­ics in the At­lanta area. St. Joseph’s Hos­pi­tal is a 276-bed acute­care hos­pi­tal with more than 750 doc­tors. TAL­LA­HAS­SEE, Fla.— A spe­cial com­mis­sion cre­ated by Gov. Rick Scott on Florida pub­lic hos­pi­tals is rec­om­mend­ing that lo­cal tax­ing districts cre­ate more trans­parency, start pay­ing providers other than hos­pi­tals and de­velop pub­licly ac­count­able ways to sell govern­ment-owned health­care fa­cil­i­ties. The Florida Com­mis­sion on Re­view of Tax­payer Funded Hos­pi­tal Districts, headed by Florida Taxwatch CEO Do­minic Cal­abro, re­leased a 30-page draft re­port that em­pha­sized a need to eval­u­ate why the state has 34 lo­cal tax­ing districts to run hos­pi­tals. The re­port opined that Florida’s fast-grow­ing com­mu­ni­ties in the mid-20th cen­tury found pub­lic own­er­ship to be the quick­est way to meet health de­mands at the time. Now that the state has a com­pet­i­tive hos­pi­tal mar­ket, the com­mis­sion rec­om­mends that lo­cal districts should be reeval­u­ated at least ev­ery 12 years by lo­cal ref­er­en­dum. Dr. Keon-hyung Lee of the Askew School of Pub­lic Ad­min­is­tra­tion and Pol­icy at Florida State Univer­sity told the com­mis­sion that pub­lic hos­pi­tals typ­i­cally post op­er­at­ing costs up to 12% higher than their for­profit and not-for-profit com­peti­tors, and col­lect Med­i­caid in­pa­tient rates up to 24% higher, af­ter ad­just­ing for var­i­ous fac­tors such as case-sever­ity mix and lo­ca­tion. The com­mis­sion rec­om­mended that hos­pi­tal districts “de-cou­ple” them­selves from pub­lic hos­pi­tals and re­cast them­selves as “indi­gent care districts” that could di­vert tax funds to less ex­pen­sive health­care providers, such as nurs­ing homes, ur­gent-care cen­ters and pri­mary-care clin­ics. Scott, who be­came gov­er­nor in 2010, is the former CEO of for-profit Columbia/hca Health­care Corp. and a former prin­ci­pal with the Jack­sonville-based Solan­tic chain of ur­gent-care cen­ters.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.