The merger, completed in Jan. 2008, was expected to stabilize Baptist’s finances and allow St. Mary’s access to an established cardiac service line. Instead, a poor integration plan and failed strategy resulted in physicians leaving and patient volume dwindling over the past three years.
Parent company Catholic Healthcare Partners in Cincinnati, Ohio, has taken steps to address the system’s three most financially struggling facilities: Mercy Medical Center West and Mercy Riverside, both in Knoxville, Tenn., and St. Mary’s Medical Center of Scott County in Oneida, Tenn.
Mercy has also seen changes in its executive team in the last year. Former CEO Debra London, who oversaw the merger between Baptist and St. Mary’s, resigned in December. The search continues for someone to take the helm.
Read the Knoxville News-Sentinel report on Mercy Health Partners.
Read more coverage on Mercy Health Partners.
–Former Head of Cinncinnati’s University Hospital Hired by Mercy Health Partners
–Tennessee’s Mercy Health Partners to Begin Rebranding
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.
