Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

Samaritan Medical Center CEO denies being asked to participate in partnership talks with Crouse Health, 3 others

Leaders at Watertown, N.Y.-based Samaritan Medical Center have denied being asked to participate in a recently announced affiliation opportunity involving four New York hospitals. However, officials at the four hospitals said they have extended numerous offers to involve SMC, according to the Watertown Daily Times.

Syracuse, N.Y.-based Crouse Health, along with Alexandria Bay, N.Y.-based River Hospital; Carthage (N.Y.) Area Hospital; and Ogdensburg, N.Y.-based Claxton-Hepburn Medical Center, announced their intent to affiliate Monday.

While Samaritan Medical Center President and CEO Thomas Carman said Monday SMC was not invited to affiliation discussions, leaders of the affiliating hospitals claim SMC was invited on numerous occasions, but allegedly said it was uninterested in forming a potential partnership, according to the report.

River Hospital CEO Ben Moore III told the Watertown Daily Times via email executives at the four hospitals met with SMC officials several times. During a May 8 meeting, Mr. Moore said executive leadership at Crouse Hospital asked him to extend an invitation to SMC to participate, but "the Samaritan representatives indicated that [they] had no interest in talking to institutions outside of the north country," the report states.

"All three hospitals [and Crouse Hospital] had discussions with Samaritan Medical Center about an affiliation but were unable to come to an agreement. River Hospital and Claxton-Hepburn Medical Center consulted with Samaritan on the discussions with Crouse Health, who also had conversations with Samaritan, but Samaritan declined involvement," according to a joint statement released by the four hospitals.

To read the full report, click here.

More articles on transactions and valuations:
New York hedge fund in talks to purchase KentuckyOne hospital
Dr. David Blumenthal: Can insurer-provider mergers save healthcare? Not without facing obstacles + 5 other ideas
Carolinas HealthCare, UNC Health Care merger discussions to stretch into 2018

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Featured Webinars

Featured Whitepapers