FORT MYERS, Fla.
—Acadia Healthcare Co., Brentwood, Tenn., purchased Park Royal Hospital, Fort Myers, for about $33.4 million in cash and assumed debt. The 76-bed psychiatric hospital, which opened in March, can be expanded to 114 beds within the existing building, according to an Acadia news release. Acadia operates 34 behavioral-health facilities and wants to continue to buy more. “We are … continuing to evaluate additional acquisition opportunities in the fragmented inpatient behavioral health industry,” Joey Jacobs, chairman and CEO of Acadia, said in the release. In September, Acadia bought inpatient behavioral-health facility Timberline Knolls, Lemont, Ill., for $90 million in cash.
TUPELO, Miss.—North Mississippi Health Services is among the four winners of the 2012 Malcolm Baldrige National Quality Award, which recognizes organizations for innovation, improvement and leadership. North Mississippi Medical Center, the system's 650-bed flagship hospital, was a 2006 winner of a Baldrige award. This round of recipients was selected from among 39 applicants in the 25th anniversary of the contest and the Baldrige Performance Excellence Program. North Mississippi operates four smaller hospitals in Mississippi and one in Alabama. The Baldrige program is a public-private partnership managed by the U.S. Commerce Department's National Institute of Standards and Technology. The applicants are judged on leadership, strategic planning, customer focus, measurement, analysis and knowledge management, workforce focus, operations focus and results. “The four organizations recognized today with the 2012 Baldrige Award are leaders in the truest sense of the word and role models that others in the healthcare, nonprofit and business sectors worldwide will strive to emulate,” acting Commerce Secretary Rebecca Blank said in a news release. Baldrige examiners visited North Mississippi Health Services in October and interviewed about 600 people during visits to sites throughout the system. “The Baldrige examiners were able to understand how fully engaged and caring that our staff and physicians are with our patients and their family members,” Karen Koch, the system's administrator of organizational performance, said in a news release.
DALLAS—The board of Parkland Health & Hospital System selected four finalists for its CEO slot: Pete Delgado, CEO of LAC-USC Healthcare Network, Los Angeles; Wright Lassiter III, CEO of Alameda County Medical Center, Oakland, Calif.; Walter Shaw, interim chief financial officer of Parkland; and Larry Volkmar, CEO of Banner Good Samaritan Medical Center, Phoenix. A first round of interviews was conducted last month and another round is planned for the next several weeks. Other candidates still could be considered after this round, Debbie Branson, chairwoman of Parkland's board of managers, said in a news release. Parkland is revamping after undergoing regulatory scrutiny. In August, Parkland agreed to pay $1 million to Texas' state health services department to resolve potential litigation and enforcement actions pertaining to patient safety and quality issues. The chosen candidate would replace interim CEO Robert L. Smith. The vacancy was created after the board decided last year not to renew the contract of longtime CEO Dr. Ron Anderson.
NASHVILLE—The Nashville Health Care Council, which represents the city's 250 healthcare companies, is launching a fellowship program in partnership with some of the city's largest for-profit hospital chains and Vanderbilt University. The leadership program is for executives already serving—or being groomed to serve—in the C-suite of local companies. To participate, they must work for an organization that is a member of the council. Dr. Bill Frist, the former Senate majority leader, will co-direct the program with Larry Van Horn, an associate professor of healthcare management and economics at Vanderbilt's Owen Graduate School of Management. Between 20 to 30 fellows will participate in the inaugural class, taking part in eight daylong sessions over the spring and summer of 2013. Applications are due Dec. 21, and fellows will be announced in early January. The program will focus on topics such as building leadership skills and creating value in healthcare, said Van Horn, who spoke at a news conference to unveil the initiative. Sessions will include case studies as well as “immersion” within local healthcare companies. The Nashville area is a de facto headquarters for the for-profit hospital industry and is home to 16 public healthcare companies. HCA, Nashville; Community Health Systems, Franklin, Tenn.; and LifePoint Hospitals, Brentwood, Tenn., are sponsoring the program with Healthways, Franklin; and Blue Cross and Blue Shield of Tennessee, Chattanooga.