Skaggs looks to find strategic partner. or sell
By Kathee Baird
Taney County’s largest health care facility is looking for a “Strategic Parnter” in the ever changing landscape in healthcare. Skaggs Regional Medical Center recently changed the way patients who visit their ER gain prescriptions upon release. You have to pay your deductible, or co-pay, before receiving the prescriptions the doctor has ordered. Skaggs said it implemented the new procedure because people weren’t paying their bills.
Proposals for new partners go out next week and a decision is expected by the end of the year.
If no partner is found, the hospital could be sold. [adsenseyu1]
NEWS RELEASE:
To continue providing high quality care and meeting commitments to employees and the community,Skaggs Regional Medical Center is issuing a Request for Proposals (RFP) to find a key strategic partner for the future.
The shift is spurred by such things as the evolving private insurance market, the national financial crisis, healthcare reform and the needs of the hospital. These types of changes are creating opportunities for new partnerships in which health systems and hospitals come together in joint ventures, affiliations and mergers, which may emerge from the RFP process.
“There is much to be gained in such a partnership,” according to William K. Mahoney, President and CEO of Skaggs. “Added benefits of a partnership include strategic resources and contracting, capital infusion and physician recruitment.”
“We are looking for a good strategic and cultural fit,” said Mahoney. “We desire a partner that shares our values in quality care for the community and our people.”
The medical center is also responding to advances in medicine, changing some of the services it offers. For example, stent technology has dramatically reduced the number of open heart surgeries we perform therefore Skaggs will allow contracts tied to that service to expire in March. All affected Skaggs employees will be retained. Skaggs will continue to provide needed cardiology services, which includes non-invasive care and cardiac rehab.
“Making such changes now strengthens our position in a partnership,” explains Mahoney.
“We will continue to provide updates as we move through the process,” said Mahoney. “In the meantime, Skaggs’ Board, management, employees and medical staff will continue to serve our patients every day with the same dedication and quality as we have for more than 60 years.”
Skaggs Regional Medical Center is a 165-licensed bed community-owned and supported healthcare facility dedicated to improving the health of all area residents. Skaggs holds the highest national
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