If the deal is approved, PBMC would bring to North Shore-LIJ a 200-bed community teaching hospital and a nursing/rehabilitation facility that have been serving the region for 64 years. It would join 19 other hospitals within the health system, extending North Shore-LIJ’s presence on eastern Long Island while joining its existing Suffolk County hospitals. PBMC was formerly an affiliate member of the health system from 2000 to 2006.
“The North Shore-LIJ Health System is thrilled to be renewing its relationship with Peconic Bay Medical Center, which has a long, proud history of service to communities disbursed throughout a wide geographic area,” said Michael J. Dowling, North Shore-LIJ’s president and CEO. “All of us recognize the challenges facing healthcare providers nationwide as we adapt to changes in the way healthcare is accessed, delivered and paid for. By working in an integrated and collaborative way, and investing in new initiatives and key clinical programs aimed at attracting new customers, we’re confident we can position the hospital for future success while fulfilling our shared mission of improving the quality of life in the local communities we serve.”
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Riverhead, N.Y.-based Peconic Bay Medical Center’s board of directors has approved a definitive agreement to become a full member of Great Neck, N.Y.-based North Shore-LIJ Health System following completion of contractual approvals and governmental regulatory review.
If the deal is approved, PBMC would bring to North Shore-LIJ a 200-bed community teaching hospital and a nursing/rehabilitation facility that have been serving the region for 64 years. It would join 19 other hospitals within the health system, extending North Shore-LIJ’s presence on eastern Long Island while joining its existing Suffolk County hospitals. PBMC was formerly an affiliate member of the health system from 2000 to 2006.
“The North Shore-LIJ Health System is thrilled to be renewing its relationship with Peconic Bay Medical Center, which has a long, proud history of service to communities disbursed throughout a wide geographic area,” said Michael J. Dowling, North Shore-LIJ’s president and CEO. “All of us recognize the challenges facing healthcare providers nationwide as we adapt to changes in the way healthcare is accessed, delivered and paid for. By working in an integrated and collaborative way, and investing in new initiatives and key clinical programs aimed at attracting new customers, we’re confident we can position the hospital for future success while fulfilling our shared mission of improving the quality of life in the local communities we serve.”
More articles on hospital and health system transactions:
3 potential operators being considered for Yadkin Valley Community Hospital
John Hopkins Medicine, Chinese diagnostic company partner
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