The announcement of our Services Agreement with Carolinas HealthCare System is excellent news for New Hanover Regional Medical Center, and m for our patients throughout Southeastern North Carolina.
Regular readers of this blog will know that we are dealing with unprecedented challenges in health care, both from a changing market that demands improved quality at less cost, and from state and federal governments that are paying hospitals less as they try to balance their budgets.
Hospitals have got to find efficient ways to get better and cost less, and they need to be willing to try new ideas to accomplish this. We cannot keep doing things the same way and expect the same results.
This brings us to our recent announcement. With this Services Agreement with CHS, we can access the best of what this nationally recognized public hospital system has to offer in terms of operational and clinical expertise, quality improvement, and savings from group purchasing. At the same time, none of the cherished features of New Hanover Regional Medical Center that have inspired loyalty, ownership and passion from our residents for 47 years will change.
In other words, we will enjoy many of the best aspects of a public hospital system that shares our values of providing quality care to all regardless of ability to pay … without any change in our ownership, the way we choose our board, or who our employees report to. The agreement has no impact on the management of the hospital or financial incentives for any NHRMC employee. It changes none of our physician relationships, has no impact on the price of our services, and has no bearing on where patients receive treatment. No jobs will be impacted.
What the agreement will do is even more exciting. In short, this consulting arrangement will save us millions of dollars and allow us to stay ahead of rapid changes brought on by the Affordable Care Act and other market forces - while also allowing us to become a better hospital by helping us solve common issues and challenges most hospitals face.
How will this agreement help us do this? Here are just some of the ways:
Cece Nunn - Mar 30, 2020
Christina Haley O'Neal - Mar 30, 2020
Staff Reports - Mar 30, 2020
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