In an internal memo, PeaceHealth CEO Nancy Steiger said the two hospitals wanted to move quickly toward a final affiliation commitment, while PeaceHealth feels it would need two more years, according to the report. A Skagit Regional Health news release indicates PeaceHealth’s “need to focus on performance” and the higher-than-expected cost of an Epic information technology system installation played a part in the health system’s request for a significant delay in proceeding with the deal.
All of PeaceHealth’s work with the hospitals will stop, aside from an ongoing cardiovascular services collaboration with Skagit Valley. Both hospitals asked for and received permission to exit their exclusive negotiating agreement with PeaceHealth, although Ms. Steiger has indicated she only considers the deal delayed, according to the report.
More Articles on Hospital Affiliations:
4 New Hampshire Hospitals Announce Affiliation Agreement
Mayo vs. Cleveland Clinic: Which Affiliate Network Reigns?
5 Key Hospital Affiliation, Acquisition Strategy Stories Via HFMA
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.