Surgical Hospital of Munster is the latest acquisition of Franciscan Alliance.
The purchase of the hospital, 7847 Calumet Ave., was effective April 14. It will serve as an outpatient surgery center of Franciscan Physicians Hospital LLC in Munster, according to Franciscan Physicians President Barb Greene. Inpatient procedures will be transferred to that hospital.
"We are excited about the combination of this surgical facility and Franciscan Physicians Hospital. This makes a lot of sense for our patients, our physicians and our combined staffs. Franciscan Physicians Hospital is anticipated to perform more than 6,000 procedures in 2011, with this acquisition," Greene said.
Approximately 20 physicians will serve the new outpatient center, which also will have a 31-member staff of nurses, operating room technicians and clerical workers. The center has four operating rooms and 14 recovery bays.
Surgical Hospital of Munster, which for more than 20 years operated as Calumet Surgery Center, opened in 2008 as a joint venture of Hammond Clinic, Regent Surgical Services and several area physicians.
A planned Franciscan Alliance acquisition of 60-plus physician Hammond Clinic, which has served Northwest Indiana for nearly 60 years, was announced in February, and is expected to be completed shortly. Hammond Clinic has locations at 11355 W. 97th Lane, St. John; 9800 Valparaiso Drive, Munster; and at 7905 Calumet Ave., Munster, next to the former Surgical Hospital.
No purchase price was disclosed for either acquisition.
The Surgical Hospital of Munster was embedded in the Hammond Clinic and owned by it, so acquiring it was essential to completing the transaction in a manner mutually acceptable to the parties," said Gene Diamond, regional CEO of Franciscan Alliance.
"When the integration of the Hammond Clinic into Franciscan Alliance is complete in a few months, residents of the communities served by both organizations will have more locations from which to seek the high-quality, mission-driven compassionate care to which they've become accustomed for the past century and more."
Diamond said the acquisitions are part of a plan for Franciscan Alliance to become an Accountable Care Organization, the health delivery system envisioned under health care reform.
Besides Franciscan Physicians Hospital, Franciscan Alliance hospitals in Northwest Indiana include St. Margaret Health-Dyer and Hammond, St. Anthony Health-Michigan City and St. Anthony Health-Crown Point. Mishawaka-based Franciscan Alliance has 13 hospital campuses in Indiana and in Illinois.
No comments:
Post a Comment