Ashe Memorial Hospital Considers Management Deal With Novant Health

Ashe Memorial Hospital in Jefferson, N.C., is close to signing a new management contract with Novant Health in Winston-Salem, N.C., according to a Jefferson Post report.

Advertisement

Jim Gambill, chairman of Ashe Memorial Hospital’s board of trustees, told the Jefferson Post that contract negotiations are underway and it is likely that Novant will be Ashe Memorial Hospital’s new management company by next fall.

The hospital’s decision to consider Novant may sever a 31-year relationship with its current management company, Brentwood, Tenn.-based Quorum Health Resources, according to the report.

Mr. Gambill said Novant’s size, and its ability to bring specialists to Ashe County patients, made it Ashe Memorial Hospital’s best choice for a management company, according to the report.

More Articles on Hospital Management Deals:

University of Colorado Health to Negotiate Management Agreement With Ivinson Memorial Hospital
Glendive Medical Center Pursues Management Agreement With Billings Clinic
St. Alexius Med Center, Linton Hospital Enter Management Agreement

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.