MADISONVILLE, KY (11/18/11)— Trover Health System, located in Madisonville , Kentucky , and Baptist Healthcare System, headquartered in Louisville , Kentucky , are pleased to announce that they have entered into exclusive negotiations to form a strategic partnership whereby Trover Health System will become a member of the Baptist system.
Wednesday evening, the Trover Board of Directors reviewed Letters of Intent submitted by three finalists — Baptist Healthcare System, LifePoint Hospitals , and Owensboro Medical Health System. Each finalist was selected based on its ability to assist Trover with objectives for the affiliation process that included assistance with the design and implementation of new models of care and payment reform, providing access to capital, experience with recruiting and sustaining physician relations, and developing service line partnerships.
Trover Health System is an integrated healthcare provider serving western Kentucky residents for more than 55 years. With seven locations in six counties, Trover offers 55 services and specialties and employs more than 90 staff physicians and residents.
Baptist Healthcare System owns five acute-care hospitals with more than 1,650 licensed beds in Louisville ,Lexington , Paducah , Corbin and La Grange , and manages Hardin Memorial, a 300-bed acute-care hospital in Elizabethtown , and Pattie A. Clay, a 105-bed acute-care hospital in Richmond . To help navigate the rapid changes affecting healthcare organizations nationwide, Baptist Healthcare System brings in-depth experience in hospital/clinic ownership and management, employed and independent physician relationships, home health services, health insurance through its Bluegrass Family Health plans, occupational health services and wellness programs for businesses. Each of these components plays a critical role in the future success of healthcare, and offers a strong foundation for the development and growth of local services.
“I commend the Board of Directors and members of the Strategic Planning Committee for the extremely thoughtful and thorough work they have done in coming to this decision,” said Trover President and CEO E. Berton Whitaker. “All three of the finalists are highly respected healthcare organizations. We are confident that Baptist’s sterling reputation and commitment to quality care will assist us in serving our region of Western Kentucky . By joining the Baptist system, Trover joins the Baptist state-wide network of hospitals and will gain access to a broad range of operational and financial resources, as well as Baptist’s clinical quality initiatives and experienced leadership.”
“Baptist Healthcare System is proud and honored to be selected as the finalist in Trover’s search for a strategic partner,” said Baptist Healthcare System President and CEO Tommy J. Smith. “We look forward to the final stage of this process which will allow us to more thoroughly explore the potential and vast possibilities of partnering with such an outstanding medical institution like Trover Health System. We share the common mission of partnering with our physicians to strive for clinical excellence and putting our patients’ needs first; it is with these two goals in mind that we’ll continue to explore a strategic relationship.”
Trover and Baptist will now begin more in-depth negotiations to reach a final agreement.
About Trover Health System
Trover Health System is an integrated healthcare provider serving western Kentucky residents for more than 55 years. With seven locations in six counties, Trover proudly offers 55 services and specialties to meet the needs of Kentuckians close to home. With more than 170 primary care, mid-level and specialist physicians, 450 registered nurses and nearly 1,000 licensed healthcare professionals, Trover is made up of an experienced team of dedicated staff. Trover provides healthcare solutions with compassion and respect for the uniqueness of every individual. Guided by a values-based culture to consistently deliver clinical and service excellence to our patients, Trover strives for excellent care, every time. For more information, please visit www.troverhealth.org.
About Baptist Health System
Kentucky 's Baptist Healthcare System, headquartered in Louisville , Ky. , owns five acute-care hospitals with more than 1,650 licensed beds in Louisville , Lexington , Paducah , Corbin and La Grange , and manages Hardin Memorial, a 300-bed acute-care hospital in Elizabethtown , and Pattie A. Clay, a 105-bed acute-care hospital in Richmond . The mission of Baptist Healthcare System is to exemplify its Christian heritage of providing quality healthcare services by enhancing the health of the people and the communities it serves.
Information provided by Sara M. Spencer
Posted by Luke Short—SurfKY News
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