As part of the deal, which does not involve a cash transaction, ACH will retain its name but will become a fully integrated member of JHM. ACH’s leaders are expected to remain at the hospital.
While further details of the proposed transaction are yet to be finalized, the basic outline of the plan calls for ACH to retain its voluntary medical staff and physician organizations, including the University of South Florida physicians practicing at ACH.
“The integration of All Children’s into Johns Hopkins Medicine creates a synergy that allows both partners to continue our mission-centric work in children’s healthcare,” Gary Carnes, president and CEO of All Children’s Health System, said in the release. “We believe it increases All Children’s value as a key community asset, extending benefits near and beyond to the families of children in need of topnotch clinical care by adding the benefits that the world-class teaching and research opportunities of Johns Hopkins Medicine will bring.”
Read the JHM release on All Children’s Hospital.
Read more coverage on recent hospital transactions.
– Cleveland Clinic Partners With Suburban Hospital in Illinois
– Two Michigan Hospitals Formally Affiliate to Create Superior Health Partners
– Ohio’s Fort Hamilton Hospital Completes Partnership With Kettering Health Network
