Maryland Hospitals Announce Strategic Discussions for Potential Alliance
By: Jennifer Mullen & Shayna Halper
Updated: January 24, 2013
MARYLAND - The Maryland health systems announced a proposal Thursday, to unite Frederick Regional Health System, Meritus Health and Western Maryland Health System.
Their respective boards of directors have agreed to study and discuss opportunities that will allow each organization to enjoy continued success in meeting the challenges of the current and future health care environment.
Thomas A. Kleinhanzl, President and CEO of Frederick Regional Health systems states, "The forces shaping health care are challenging for independent community hospitals and many are creating alliances for continued stability. Our collective goal is to explore options in order to maintain high quality and cost-effective health services for our communities."
President and CEO of Meritus Health, Joseph P. Ross says, "The proposal alliance would provide a sound business structure for developing new services and improving infrastructures. We are beginning discussions that will focus on our shared vision of clinical collaboration, physician services, support services and shared resources to enable us to deal successfully with today's health care challenges."
Details of the proposed affiliation will be closely explored through a feasibility study with the Berkeley Research Group (BRG) that will explore the merits of affiliation and collaboration of the three health systems. It is expected to take several months to receive the final recommendation.
Their respective boards of directors have agreed to study and discuss opportunities that will allow each organization to enjoy continued success in meeting the challenges of the current and future health care environment.
Thomas A. Kleinhanzl, President and CEO of Frederick Regional Health systems states, "The forces shaping health care are challenging for independent community hospitals and many are creating alliances for continued stability. Our collective goal is to explore options in order to maintain high quality and cost-effective health services for our communities."
President and CEO of Meritus Health, Joseph P. Ross says, "The proposal alliance would provide a sound business structure for developing new services and improving infrastructures. We are beginning discussions that will focus on our shared vision of clinical collaboration, physician services, support services and shared resources to enable us to deal successfully with today's health care challenges."
Details of the proposed affiliation will be closely explored through a feasibility study with the Berkeley Research Group (BRG) that will explore the merits of affiliation and collaboration of the three health systems. It is expected to take several months to receive the final recommendation.
