Two hospitals in Pennsylvania and New York that are only about 10 miles apart, may reach across the state border and form a new parent company. Bradford Regional Medical Center, a 96-bed facility in Pennsylvania, and Olean General Hospital, a 156-bed facility in New York, have signed a letter of intent to integrate the two hospitals. The decision followed a recommendation by New York's Commission on Health Care Facilities in the 21st Century, a 2007 statewide effort that aimed to "right size" New York healthcare.
For more:
- read the ModernHealthcare.com article [1]
Related Articles:
Half of NY hospitals lost money, made little in '06 [2]
PA hospitals' margins up, but uncompensated care rises [3]
Links:
[1] http://modernhealthcare.com/apps/pbcs.dll/article?AID=/20081020/REG/310209957
[2] http://www.fiercehealthcare.com/story/half-ny-hospitals-lost-money-made-little-06/2008-01-03
[3] http://www.fiercehealthfinance.com/story/pa-hospitals-margins-uncompensated-care-rises/2008-06-17