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

Banner's management of Alaska hospital comes to an end

Fairbanks (Alaska) Memorial Hospital's more than 15-year affiliation with Phoenix-based Banner Health came to an end Sunday.

The hospital is now operated by Fairbanks-based Foundation Health Partners, a subsidiary of the Greater Fairbanks Community Hospital Foundation.

Jeff Cook, president of the hospital foundation, told the Daily News-Miner Banner has been an excellent partner, but the transition was needed to allow Fairbanks Memorial to be more community focused. 

"We want to control our own destiny more," Mr. Cook told the Daily News-Miner. "We appreciate everything [Banner has] done. They've been great in this transition too."

More articles on healthcare industry transactions:

CHS sells controlling interest in home health business to drive down debt
UHS closes $464M deal for 81 UK behavioral health facilities
Quorum Health divests Georgia hospital

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