San Luis Valley Regional Medical Center, Conejos County Hospital to Merge
The proposed agreement would bring the two hospitals, as well their clinics in four San Luis Valley locations, under the newly-created San Luis Valley Health.
SLV Regional Medical Center partnered with CCH in 2003 to combine resources to preserve healthcare services in southern San Luis Valley. According to the report, expert advisors analyzed the current system and recommended further integration for continued success.
According to the report, a task force of officials from both hospitals formed to address issues associated with bringing the two entities together, such as governance, operations, human resources and corporate structure. The boards of both hospitals are expected to review the task force's recommendations in December.
More Articles on Hospital Mergers:Underwood-Memorial Hospital and South Jersey Healthcare Finalize Merger
Carle Health System Acquires Hoopeston Regional Health Center
To Be or Not To Be Independent: 5 Considerations for Community Hospitals
© Copyright ASC COMMUNICATIONS 2017. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.