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North Carolina's Pardee Hospital, Mission Health to Form Joint Venture Outpatient Facility

Officials from Pardee Hospital in Hendersonville, N.C., and Asheville, N.C.-based Mission Health say they are ready to form a joint venture outpatient facility in Fletcher, N.C., according to a Times-News report.

The current joint venture plan calls for $5 million from Pardee, $15 million from Mission and $25 million from a private developer. The current board of investors wants to promote a larger role for Pardee in the project, and hospital representatives have said they want equal partnership in the facility.

While Pardee has been negotiating with Mission, it is also seeking a potential managerial affiliation with Chapel Hill-based UNC Health Care. Mission also recently struck a deal with Angel Medical Center in Franklin, N.C., which it will now manage.

Read the Times-News report on Pardee Hospital and Mission Health.

Related Articles on Hospital Joint Ventures:
County Gives Pardee Hospital Final Say on CEO Selection
Connecticut's St. Mary's Health JV With LHP Hospital Group Up for State Approval
San Diego's Scripps Health Forms Integrated Delivery Network With 7 Physician Groups

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