Columbia/HCA Healthcare Corp. last week completed one deal with a not-for-profit hospital in Oklahoma and is working on another. The Nashville, Tenn.-based hospital chain completed the acquisition of 462-bed Tulsa (Okla.) Regional Medical Center. Terms were not disclosed, but the hospital has about $60 million in debt. The hospital, which will be Columbia's second in Tulsa, is the nation's largest osteopathic facility on a single campus, officials said. It had been owned by the Osteopathic Hospital Founders Association, a physician group. In addition, Columbia and Hillcrest HealthCare System, Tulsa, are discussing becoming partners in an acute-care hospital on the former City of Faith campus. City of Faith, a 77-bed hospital in Tulsa operated by evangelist Oral Roberts, closed in 1989. Portions of the former hospital's buildings are being leased to Columbia and to Cancer Treatment Center of Tulsa. If Hillcrest and Columbia reach a deal, a hospital there would be a suburban campus for Hillcrest. Hillcrest spokeswoman Melissa Bogle said the company doesn't want to add beds to the market but might shift some services to the new campus. Hillcrest owns two hospitals in Tulsa and leases a rural hospital in Cushing, Okla.
Tenet Healthcare Corp. agreed to acquire Hialeah (Fla.) Hospital. Terms were not disclosed. Cliff Bauer, chief executive officer of 381-bed Hialeah, said the not-for-profit hospital and Tenet would work to structure a deal during the next 60 days. Tenet, a Santa Monica, Calif.-based system of 75 hospitals in 13 states, owns six other hospitals in South Florida.
More Roman Catholic are opposing partnerships between Catholic healthcare organizations and investor-owned systems. The seven organizations in the National Coalition on Catholic Health Care Ministry said "ownership arrangements" between Catholic healthcare organizations and "publicly traded, investor-owned hospital chains compromise the Church's mission to an unacceptable degree." The coalition comprises the Association of Catholic Health Science Centers, Catholic Charities USA, the Catholic Health Association, the Conference of Major Superiors of Men, the Council of Major Superiors of Women Religious, the Leadership Conference of Women Religious and the National Conference of Catholic Bishops. "The primary motivation of publicly traded, investor-owned hospital chains is to provide return to shareholders," the statement said. "The statement is a reconfirmation of `Let's give the Catholic ministry the first choice"' when systems consider partnerships, said the coalition's chairwoman, Sister Mary Mollison, of the Congregation of the Sisters of St. Agnes, Fond du Lac, Wis. The CHA last year banned investor-owned organizations from its membership. Its leaders also adamantly opposed a 50-50 ownership deal between Columbia/HCA Healthcare Corp. and Sisters of Charity of St. Augustine of Cleveland. That deal was approved last fall by the Vatican and two of three bishops in the region despite strong Catholic opposition nationally.
Consistent and meaningful involvement by the medical staff president is key to effective hospital governance, according to a study conducted by the American College of Healthcare Executives, the American Hospital Association, the American Medical Association and Ernst & Young. The Partnership Study: Phase Two is a follow-up to a 1993 study in which 1,200 board chairs, chief executive officers and medical staff presidents were surveyed to better understand their roles and working relationships. Six hospitals were selected for on-site study. The study found the medical staff president typically is not as integrated into strategic planning and policymaking activities as the board chair and CEO.
An executive who helped his Roman Catholic hospital system create the largest network in Colorado will leave his position Jan. 31 to "seek other challenges." Tom Rockers, 48, has been president and chief executive officer of Denver's Provenant Health Partners since 1989. Rockers announced his resignation in late December, shortly after plans for a joint venture involving Provenant were completed. He is considering various career options, a spokesman said. Provenant operates two hospitals and is part of Sisters of Charity Health Services Colorado, formed last summer. In mid-December, Sisters of Charity sealed a joint venture with Denver-based PorterCare Adventist Health System, and its CEO, Gary Susnara, was tapped to lead the new network. PorterCare CEO Terry White is expected to be named head of Denver operations.
The membership of 147-bed Immanuel-St. Joseph's Hospital in Mankato, Minn., approved a previously announced agreement to join Mayo Health System (Dec. 18-25, 1995, p. 4). The deal will be completed March 1 if it passes antitrust scrutiny, a hospital spokeswoman said. Mankato is about 80 miles northwest of Rochester, home of Mayo Clinic. Mayo's regional network now includes 10 hospitals and more than 40 clinics in Iowa, Minnesota and Wisconsin.