Proposed BayCare, Sarasota Memorial Partnership Shows Continuum of Care Strategy
proposed partnership between Clearwater, Fla.-based BayCare Health System and Sarasota (Fla.) Memorial Hospital is one of the latest examples of hospitals' strategy to consolidate healthcare services to better manage patients' health through the continuum of care, according to a Sarasota Herald-Tribune report.
The potential partnership between BayCare and Sarasota may involve sharing certain business functions. While there are not many details on the potential relationship, leaders of both organizations expressed a strategy of moving the center of patient care from the hospital to the physician's office, and if possible, to the home, according to the report.
Partnering would create a larger patient base for BayCare and would help the institutions maintain financial strength as payment models change under healthcare reform, according to the report.
More Articles on Hospital Strategy:Henry Ford West Bloomfield Hospital to Promote Wellness Through Greenhouse
Hospital and Health System Strategy in 2012: 6 Key Initiatives
Patients Bypass Close Rural Hospitals in Favor of Farther, Non-Rural Facilities
© Copyright ASC COMMUNICATIONS 2014. 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.