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Community Medical Center to Partner With Billings Clinic, RegionalCare Hospital Partners

Community Medical Center in Missoula, Mont., has decided to partner with Billings Clinic RegionalCare LLC, a joint venture between Billings (Mont.) Clinic and RegionalCare Hospital Partners, based in Brentwood, Tenn.

The new partnership will help the organizations continue to improve financial strength, position the community to offer new models of care and create a statewide approach to care focused on quality and safety, among other key objectives, according to a news release.

A non-disclosure agreement has been signed stipulating that the terms of the proposed partnership will be released if and when it is completed, according to a statement issued by RegionalCare. 

Last year, Billings Clinic and RegionalCare formed their joint venture to offer expanded clinical services, integrate and recruit physicians and create access to capital. Under the agreement, Billings Clinic has remained independent.

More Articles on Hospital Joint Ventures:
5 Observations on Hospital-ASC Joint Ventures
Duke LifePoint Completes Wilson Medical Center Joint Venture  
How Can Hospitals Benefit From Joint Ventures With ASCs? 

 

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