St. Elizabeth Medical Center, Faxton St. Luke's to Consider Unique Affiliation
Earlier this week, a working group for the hospital voted to recommend a plan that would allow the hospitals to affiliate while maintaining their respective operating philosophies — St. Elizabeth as a Catholic hospital and Faxton St. Luke's as a secular hospital. For this reason, St. Elizabeth CEO Richard Ketcham and Faxton St. Luke CEO Scott Perra have said the deal would not technically be a merger but an active parent model, according to the report. To be a true affiliation, St. Elizabeth and Faxton St. Luke would have to agree to operate as Catholic or secular hospitals.
However, the active parent model would put one board and one CEO in charge of both hospitals, according to the report. The hospitals have not disclosed which CEO would lead the two hospitals or whether the deal would include a reconfiguration of staff and services.
Both hospital boards, St. Elizabeth's sponsor, the Sisters of St. Francis of the Neumann Communities in Syracuse, N.Y., and the bishop of the Roman Catholic Diocese of Syracuse would have to approve the plan before it heads to state and federal review.
More Articles on Hospital Affiliations:Westerly Hospital's $69M Sale to Lawrence & Memorial Approved
Prime Healthcare to Buy Lower Bucks Hospital in Pennsylvania
Memorial Health System to Join University of Colorado Health
© Copyright ASC COMMUNICATIONS 2015. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
New from Becker's Hospital Review
100 Great Hospitals in America 2015