Alaska hospital to end affiliation with Banner Health

Fairbanks (Alaska) Memorial Hospital is looking to cut ties with Banner Health, ending a 15-year affiliation with the Phoenix-based health system, according to a newsminer.com report.

Advertisement

The Greater Fairbanks Community Hospital Foundation, which owns the hospital, is considering an affiliation with another health system. However, the health system the foundation is considering has not been disclosed, according to the report.

“As the owner of Fairbanks Memorial Hospital, the Foundation’s goal has always been, to provide the community with a facility that allows us to deliver the very best medical care,” said Jeff Cook, president of the hospital foundation’s board of directors. “Banner Health has been a good partner for a very long time. As stewards of our community-owned hospital, the foundation is always mindful of what’s best for our community.”

More articles on healthcare industry transactions:

Good, bad or too tough to say? What 4 health system CEOs think of hospital consolidation
2015 healthcare deal volume slows as end of year nears
FTC, state regulators oppose Penn State Hershey, PinnacleHealth merger

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.