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Modern Healthcare - - REGIONAL NEWS -

NASHVILLE— Capella Health­care, Franklin, Tenn., has fi­nal­ized a joint ven­ture with St. Thomas Health to jointly own and op­er­ate at least four Capella hos­pi­tals. The deal could po­ten­tially be ex­panded to in­clude other fa­cil­i­ties in the 60-county mid­dle Ten­nessee and south­ern Ken­tucky re­gion, ac­cord­ing to a news re­lease. The hos­pi­tals cur­rently in­cluded un­der the deal are 125-bed River Park Hospi­tal, Mcmin­nville; 42-bed White County Com­mu­nity Hospi­tal, Sparta; 57bed Dekalb Com­mu­nity Hospi­tal, Smithville; and 55-bed Stones River Hospi­tal, Wood­bury, all in Ten­nessee. St. Thomas will hold an eq­uity in­ter­est in the fa­cil­i­ties, while Capella will be the ma­jor­ity part­ner. Fi­nan­cial terms were not dis­closed. The par­ties said they plan to make a $1 mil­lion in­vest­ment to ren­o­vate the in­te­rior and ex­te­rior of White County Com­mu­nity Hospi­tal, which changed its name to Highlands Med­i­cal Cen­ter on May 1. Other terms of the deal will see St. Thomas be­come the ter­tiary care part­ner for the four hos­pi­tals, and Capella will be the ex­clu­sive de­vel­op­ment part­ner for St. Thomas in the mid­dle Ten­nessee and south­ern Ken­tucky re­gion. St. Thomas is a five-hospi­tal sys­tem af­fil­i­ated with As­cen­sion Health Min­istry. In­vestorowned Capella cur­rently op­er­ates 13 hos­pi­tals in seven states. St. Thomas and Capella an­nounced in De­cem­ber that they had signed a let­ter of in­tent to ne­go­ti­ate a deal.

MOR­GAN­TON, N.C.— Broughton Hospi­tal, a state-op­er­ated, 370-bed in­pa­tient psy­chi­atric fa­cil­ity in Mor­gan­ton, N.C., re­cently broke ground on a $154.7 mil­lion, 477,000-square-foot fa­cil­ity, ex­pected to be com­pleted in Oc­to­ber 2014. The four-story build­ing, which will also be known as Broughton Hospi­tal, will in­clude pa­tient-care units, ad­min­is­tra­tive of­fices, pa­tient sup­port ser­vices and treat­ment ar­eas, the hospi­tal said. The 60-acre con­struc­tion site is on Broughton’s ex­ist­ing 275-acre cam­pus. The hospi­tal’s cur­rent build­ings, some of which are more than 100 years old, “will re­main and be uti­lized for other depart­ment needs,” ac­cord­ing to the North Carolina Depart­ment of Health and Hu­man Ser­vices. Funds for the build­ing’s de­sign, con­struc­tion and out­fit­ting came from spe­cial in­debt­ed­ness bonds ap­proved by the state’s gen­eral assem­bly. Hospi­tal of­fi­cials say the 378bed fa­cil­ity is planned to be fully op­er­a­tional by mid-2015.

KYLE, Texas— Arise Health­care, an Austin, Texas-based de­vel­oper, man­ager and owner of health­care fa­cil­i­ties, an­nounced last month that it planned to open a surgery cen­ter in Kyle this fall. To be called Hays Surgery Cen­ter, the 13,000-square­foot op­er­a­tion will have five op­er­at­ing rooms that will be able to ac­com­mo­date a va­ri­ety of pro­ce­dures, in­clud­ing those in gen­eral ortho­pe­dics, gy­ne­col­ogy, spine and pain-man­age­ment, urol­ogy and weight-loss, ac­cord­ing to a news re­lease. Hays Surgery Cen­ter has signed a long-term lease to be­come a ten­ant in a 42,000-square-foot, $10 mil­lion med­i­cal of­fice build­ing un­der de­vel­op­ment across from the city’s only hospi­tal, 53-bed Se­ton Med­i­cal Cen­ter Hays, ac­cord­ing to the re­lease. The cen­ter will be owned by lo­cal sur­geons in a part­ner­ship with Arise, ac­cord­ing to the re­lease. The op­er­a­tors of the cen­ter hope to at­tract lo­cal pa­tients who cur­rently travel about 20 miles north to Austin for surgery.

HOT SPRINGS, Ark.— For-profit Capella Health­care has en­tered into ex­clu­sive ne­go­ti­a­tions to ac­quire St. Joseph’s Mercy Health Sys­tem, ac­cord­ing to a news re­lease. Franklin, Tenn.-based Capella and Mercy, St. Joseph’s Ro­man Catholic par­ent based in Ch­ester­field, Mo., will work to­ward a de­fin­i­tive deal to trans­fer own­er­ship. St. Joseph’s in­cludes 282-bed St. Joseph’s Mercy Health Cen­ter in Hot Springs and an 80-physi­cian prac­tice. If the sale goes through, Mercy will be left with 23 hos­pi­tals in four states. “This agree­ment re­flects our shared core val­ues to pro­vide high qual­ity, cost-ef­fec­tive, com­pas­sion­ate health­care for the regions we serve,” Daniel Slip­kovich, chair­man and CEO for Capella Health­care, said in a news re­lease. “We be­lieve a more co­or­di­nated sys­tem will pave the way for im­proved qual­ity and greater ef­fi­cien­cies in how we pro­vide care.”

River Park Hospi­tal is the big­gest of the four hos­pi­tals in the joint ven­ture be­tween Capella and St. Thomas Health.

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