Here are four things to know about ACH’s plans.
1. ACH is eyeing possible partnerships with St. Joseph’s Hospital in Syracuse, N.Y., and the University of Rochester (N.Y.) Medical Center.
2. Discussions of potential partnerships are still preliminary, and the hospital does not plan to announce anything until there are set plans, Scott Berlucchi, president and CEO of ACH, said, according to the report.
3. Of ACH’s plans, Mr. Berlucchi said, “We’re a small rural hospital, we don’t have a lot of reserves, and I think you’re going to see a lot of activity in upstate New York as small rural hospitals seek varying types of partnerships and affiliations.”
4. This is not the first time ACH has looked at a potential partnership. The hospital hoped to form a partnership with Rochester (N.Y.) General Health System in 2011. However, both entities eventually decided not to affiliate after considering a deal for four months.
More articles on healthcare transactions and deals:
Baptist Health acquires 2 home care agencies, adult day center: 4 things to know
Tennova Healthcare adds 4 Tennessee hospitals: 3 things to know
Tuomey Healthcare, Palmetto Health move one step closer to merging
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