Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

Alameda Health System Boards Approve Affiliation

Oakland, Calif.-based public network Alameda Health System's board of trustees and the city of Alameda Health Care District board of directors have approved the proposed affiliation between the health system and Alameda (Calif.) Hospital.

In June, hospital board members signed a letter of intent to merge with AHS. Under the agreement, AHS will provide funding for new technology, facility improvement and state-mandated seismic upgrades at the hospital, according to a news release. The Alameda Health Care District board — the hospital's owner — will retain ownership of real property and lease holds, while AHS will take on operational and governance responsibility. Financial terms of the deal were not disclosed.

Both institutions will now work on the transition, which is expected to take several months, according to the release. However, the hospital is expected to start providing outpatient surgical services and medical inpatient services to AHS patients as soon as next month and January respectively.

AHS also recently assumed ownership of San Leandro (Calif.) Hospital from Sutter Health in Sacramento, Calif. Alameda will continue operating the current hospital services and intends to create a new acute rehabilitation center for patients with multiple traumas, brain injuries and strokes.

More Articles on Alameda Health System:
Alameda Health System Officially Acquires San Leandro Hospital  
CEO Wright Lassiter III: Expanding Alameda Health System's Community Reach  
Alameda Health System to Lay Off Dozens 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars