UNC, Pardee Hospital Extend Management Agreement

The Henderson County Board of Commissioners in Hendersonville, N.C., has unanimously voted to finalize an extension of the management agreement between Chapel Hill, N.C.-based UNC Health Care System and Pardee Hospital in Hendersonville, N.C., to 25 years, according to a Triangle Business Journal report.

Advertisement

The commissioners initially revised the memorandum of understanding between UNC Health Care and Pardee in April to extend the agreement from 10 to 25 years. The updated agreement allows UNC Health Care to invest more into Pardee’s facilities and operations and also extends Pardee’s lease with the county for the hospital buildings and land.

The county-owned, 222-bed Pardee approved the initial affiliation agreement in June 2011. Under that agreement, UNC Health Care manages all operations of the hospital in exchange for roughly $180,000 per year.

More Articles on Hospital Affiliations:
UnityPoint Health, Cherokee Regional Affiliate
Grays Harbor Hospital Affiliates With MultiCare
UCSF Medical Center, Children’s Oakland to Affiliate

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.