Baptist Health System, Birmingham, Ala, said it will pursue a yet-to-be-determined business relationship with for-profit Triad Hospitals, Plano, Texas, as a way to gain cash for capital improvements. Ten-hospital Baptist, which is expected to record an $8 million profit this year, has few resources for renovations and new technology, officials said. The system's board approved the deal yesterday despite protests from doctors who questioned the need. No financial terms were released. The "exact shape and form" of the relationship with Triad is a "work in progress," Board Chairman Bobby Keith said. Baptist President and CEO Dennis Hall, whose management decisions have been questioned by some doctors, has said he believes the system is worth about $700 million. As part of the deal, Triad agreed to support Baptist's faith-based mission and ministry, officials said. That includes maintaining Baptist's policy prohibiting abortions, continuing its chaplain program and providing similar levels of charity and indigent care. "The whole purpose of pursuing this relationship is to ensure that our faith-based mission . . . will continue into the future," Hall said. Baptist also reportedly considered a partnership with Health Management Associates. -- by Michael Romano
Baptist system turns to Triad to ensure its future
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