—Baptist Health, Louisville, Ky., acquired Trover Health System, Madisonville, which becomes its eighth hospital in the state. Trover, which includes the 177-bed Regional Medical Center of Hopkins County, will be renamed Baptist Health Madisonville. Financial terms were not disclosed. A news release noted that Trover entered into discussions with Baptist nearly a year ago, seeking help with gaining access to capital, recruiting physicians, introducing new service lines and implementing new payment models. Publicly traded LifePoint Hospitals, Brentwood, Tenn., as well as Owensboro (Ky.) Medical Health System, also submitted proposals to acquire the facility, according to the release. Plans are already under way to recruit new internists and family medicine practitioners as well as renovate Trover's emergency department and same-day surgery and mother/baby units. Baptist also plans to update healthcare IT at the facility, and Trover will be able to tap into its network of physicians, hospitals and outpatient clinics across the state. Baptist Health changed its name from Baptist Healthcare System on Sept. 5 to suggest a move to a more integrated system.
MEMPHIS, Tenn.—Baptist Memorial Health Care Corp. forged an affiliation agreement with Vanderbilt University Medical Center, Nashville, that will expand its cancer research and genomic medicine offerings. Under the agreement, Baptist oncology patients will have access to clinical research trials and genetic diagnostic tools at the Vanderbilt-Ingram Cancer Center, one of only two in the state to be designated a comprehensive cancer center by the National Cancer Institute, according to a news release. In addition, physicians at both medical centers will be able to share tissue samples, partner on grant applications and participate in joint conference programs. The affiliation will also expand fellowship opportunities for oncologists as well as allow opportunities to collaborate on public education programs for local communities. Baptist operates 14 hospitals in Arkansas, Mississippi and Tennessee. The system has made expanding its cancer program a priority during the past year, with the release noting that the Baptist Medical Group has added almost 30 oncologists, a breast surgeon and two thoracic surgeons. “We will be working with Vanderbilt-Ingram to develop more personalized cancer programs based on patients' genetic makeup, which is the future of cancer therapy,” Jason Little, Baptist's executive vice president and chief operating officer, said in the release.
FORT WORTH, Texas—Baylor Surgical Hospital at Fort Worth purchased 5.3 acres with the intention of building a $35.1 million replacement hospital for its existing 22-bed facility. Baylor is expected to break ground on a new three-story, 77,000-square-foot building in May 2013, with an expected completion in August 2014, according to a news release. The new facility will include 30 inpatient beds; 14 operating rooms; a 24-hour emergency room for minor emergencies; an imaging suite equipped with digital X-ray, CT scanner and MRI; wireless Internet access; and flat-screen monitors in each patient room. “The project marks the beginning of a new chapter for our hospital system,” said Roger Rhodes, CEO of Baylor Surgical Hospital at Fort Worth. “Healthcare is rapidly changing and our goal as an industry leader is to remain on the cutting edge of service for our patients, doctors and community.” The current building will be sold, leased or operated as an ambulatory surgery center, according to a Baylor Health Care System spokeswoman. The surgical hospital is a joint venture between Baylor Health, United Surgical Partners International and local physicians.
Mississippi Gov. Phil Bryant says a $10 million state grant will help in the effort to educate more physicians.
Photo credit: AP PHOTO
—Mississippi needs to produce more physicians and provide incentives for them to work in rural areas, says a new report that focuses on expanding the business of healthcare in one of the poorest, sickest states in the nation. The report says Mississippi has trouble competing for biotech research and development jobs because too few residents are highly skilled in science, technology, engineering and mathematics. However, it says, the state can compete for back-office jobs that support the healthcare industry, such as data entry and claims processing. It also says Mississippi can attract low-cost jobs in pharmaceutical manufacturing. “A successful healthcare industry in Mississippi will create jobs and build economic stability,” Gov. Phil Bryant said in a news release about the report, issued by Blueprint Mississippi, a business group affiliated with the state's chamber of commerce, the Mississippi Economic Council. Bryant said the state is giving a $10 million grant to the University of Mississippi Medical Center, Jackson, to help it expand so it can produce more physicians. UMMC leaders say a new medical school building would cost $62.6 million. “I believe the Legislature's going to join us next year and help us with a bond bill to finish that off,” Bryant told more than 200 people at a presentation about the report in Jackson. Bryant, a Republican, spoke often during the 2011 campaign about wanting to expand healthcare in Mississippi, which has some of the worst rates of obesity, diabetes, heart disease and other expensive health problems. He opposes expanding Medicaid under the Patient Protection and Affordable Care Act.