The 72-bed, county-owned HSC Medical Center has been looking for a partner since early 2012 due to cuts in Medicare and Medicaid revenue, according to the report. If the Hot Spring County Quorum Court approves the deal, Baptist Health would enter into a sublease agreement with the hospital and county.
HSC Medical Center considered two other partners — Arkansas Heart Hospital and St. Vincent Health System, both based in Little Rock but owned by out-of-state entities — before choosing Baptist Health.
The report did not indicate when the court would rule on the matter.
More Articles on Hospital Partnerships:
Creating Regional Health Networks: Q&A With LifePoint Hospitals CFO Jeff Sherman
UNC Health Care, Johnston Health Enter Exclusive Partnership Talks
UCLA, Others Possibly in Mix to Buy St. John’s Health Center in California
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