Just keep trying

Article Abstract:

Indianapolis, IN's Community Hospitals has joined with St. Vincent Hospitals & Health Services to form the state's largest hospital-based healthcare network, St. Vincent-Community Health Network. Community Hospitals' president discusses the collaboration and his organization's belief in meeting customers' and the community's needs. He notes that, by forming a network, the collaborating hospitals will gain the benefits of merging without merging their assets.

Community Hospitals, St. Vincent Hospital and Health Care Center Inc.

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Wall street smart, main street savvy

Article Abstract:

Health Management Associates CEO William Schoen has led the chain to triple revenues since 1992. The 32-hospital chain began a makeover in 1983: Schoen got rid of all but three hospitals and then bought about two each year. HMA is considered a success story for investor-own hospitals because it balances financial concerns with quality-of-care issues. The firm usually pumps capital into formerly non=profit hospitals is rural areas.

Private Hospitals, Health Management Associates Inc., HMA, Hospital administration, Hospital administrators

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The wake-up call

Article Abstract:

Charter Medical Corp's CEO discusses the company's restructuring efforts, which were prompted by the national healthcare-reform debate. Charter, the US' largest behavioral health services provider, has been pursuing relationships with acute-care hospitals and has acquired 40 psychiatric hospitals. The difficulties of overcoming cultural differences and instilling a new value system are noted.

General Medical and Surgical Hospitals, Psychiatric hospitals, Psychiatric and Substance Abuse Hospitals, General medical & surgical hospitals, Acute Care Hospitals, Mergers, acquisitions and divestments, National Medical Enterprises Inc., NME, Charter Medical Corp., OrNda HealthCorp, ORND

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