The hospital recorded $1.2 million in profit for fiscal year 2011, but executives intend to pursue a partnership for greater strength in the market, according to the report. Potential partners could include Essentia Health based in Duluth, Minn., which the hospital has previously discussed a partnership with.
More Articles on Hospital Partnerships:
LSU Health Hospital Pursues Partnership Following Mass Budget Cuts
Geisinger Health System to Explore Partnership With Lewistown Hospital
McKenzie Health System, Marlette Regional Hospital to Affiliate
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.