Modern Healthcare - - REGIONAL NEWS -

BILLINGS, Mont.— Not-for-profit Billings Clinic and Re­gion­alCare Hos­pi­tal Part­ners, a for-profit hos­pi­tal com­pany based in Brent­wood, Tenn., formed a joint ven­ture that seeks to draw on the op­er­a­tional ex­per­tise and fi­nan­cial re­sources of both or­ga­ni­za­tions. “We don’t think it’s com­pli­cated,” said Dr. Nicholas Wolter, CEO of 263-bed Billings Clinic. “Billings Clinic is go­ing to re­main not­for-profit.” Billings Clinic will re­tain its cur­rent gov­er­nance struc­ture, which he de­scribed as a med­i­cal foun­da­tion model with a 250physi­cian med­i­cal group at its core. The newly formed en­tity will be known as Billings Clinic Re­gion­alCare. Wolter com­pared it to the joint ven­ture be­tween Durham, N.C.-based Duke Univer­sity Health Sys­tem and the pub­licly traded LifePoint Hos­pi­tals sys­tem, also in Brent­wood. Wolter said the new ar­range­ment will not af­fect ex­ist­ing part­ner­ships Billings has with nine crit­i­cal-care hos­pi­tals in the re­gion, but added that it will put his or­ga­ni­za­tion in a good po­si­tion “to look at new op­por­tu­ni­ties” in the North­ern Rocky Moun­tain re­gions of Mon­tana and Wy­oming. Ac­cord­ing to a news re­lease, the joint ven­ture “will pro­vide mul­ti­ple op­tions for health­care or­ga­ni­za­tions” to be­come af­fil­i­ated with the new en­tity, and it will of­fer po­ten­tial part­ners sup­port with physi­cian in­te­gra­tion and re­cruit­ment, plus clin­i­cal pro­to­cols and qual­ity-im­prove­ment sys­tems. Other of­fer­ings could in­clude ac­cess to the cap­i­tal needed for growth strate­gies, “in­clud­ing tech­nol­ogy and fa­cil­ity ex­pan­sion and ren­o­va­tion,” the re­lease said. Wolter said there are no im­me­di­ate part­ner­ships or projects in the pipe­line.

— Andis Robeznieks

SAN LE­AN­DRO, Calif.— Sut­ter Health plans to do­nate San Le­an­dro Hos­pi­tal, its as­sets and equip­ment, plus $22 mil­lion cash to Alameda County and Alameda Health Sys­tem. Sut­ter Health, a not-for­profit health sys­tem based in Sacra­mento, Calif., has been op­er­at­ing the hos­pi­tal at a deficit for sev­eral years as part of its Eden Med­i­cal Cen­ter cam­pus. The de­ci­sion to trans­fer it to Oakland, Calif.-based Alameda Health Sys­tem was about five years in the mak­ing, as hos­pi­tal of­fi­cials eval­u­ated how to re­po­si­tion it to re­main what David Bradley, pres­i­dent of the Sut­ter Health East Bay Re­gion, called an “as­set in the com­mu­nity.” “The past few years of un­cer­tainty have been chal­leng­ing for all of us,” San Le­an­dro Hos­pi­tal Pres­i­dent and CEO Ge­orge Bis­cha­laney

Wolter said Billings Clinic will re­main not-for-profit.

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