Southampton Hospital May Join Stony Brook Medicine

Stony Brook (N.Y.) Medicine and Southampton (N.Y.) Hospital have signed a non-binding letter of intent for Southampton Hospital to join Stony Brook Medicine and provide care under Stony Brook University Hospital’s operating license.

Advertisement

The deal strengthens the affiliation between Southampton Hospital and Stony Brook University Hospital, which was formalized in 2008.

According to the release, Stony Brook and Southampton leaders intend to comply with collective bargaining agreements with the public unions at Stony Brook University Hospital and the private sector unions at Southampton Hospital as the deal moves forward.

The letter of intent calls for several other provisions as well, such as the following:

• Southampton Hospital employees will maintain their status as private sector employees along with all of their collective bargaining rights.  
• Southampton Hospital’s clinical services will be continued and strengthened so it remains a high-quality community hospital.
• A joint advisory committee consisting of members appointed by both hospitals will be created to give advice on strategic and community issues.
• Southampton Hospital will lead a philanthropic campaign to raise funds to build a new state-of-the-art Southampton Hospital on Stony Brook University’s Southampton campus. The new hospital will replace Southampton’s current 125-bed facility.

The next step in the collaborative process is for the two hospitals to enter the due diligence phase. A final agreement would also require the approval of various New York State regulatory and legislative authorities and the Southampton Hospital board of trustees.

More Articles on Hospital Partnerships:

Mission Health, Highlands-Cashiers Hospital Pursue Affiliation
Ashland Community Hospital’s Board Approves Affiliation With Dignity Health
UNC Health Care to Manage High Point Regional Health System

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.

Register to Attend Webinar

Reconsider What’s Possible: Enterprise RCM and the Pro-Fee Practice

Tuesday, July 28
11:00 AM - 12:00 PM CDT

Presenters: Garett Kreitz, Med-MetrixJohn Stefanowicz, Med-Metrix

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.