After six months of talks, the Metrocrest Hospital Authority of Dallas has ended negotiations with Hospital Partners of America, Charlotte, N.C., to develop physician-partnership arrangements for 149-bed Trinity Medical Center, Carrollton, Texas, and 118-bed RHD Memorial Medical Center, Dallas.
Also terminated were a 25-year lease agreement for Trinity Medical Center and a three-year management agreement to operate RHD Memorial. Although the lease and management agreements were announced Aug. 30, 2007, Metrocrest President Charles Heath said those deals were never consummated and unraveled when the physician-partnership deal could not be reached. We had never signed those agreements, Heath said. It was all part of the same agreement.
Hospital Partners has offered to continue to manage the two hospitals in a transition period during which Metrocrest will select a new operator, according to a news release. Metrocrests 25-year lease agreement with Tenet Healthcare Corp., Dallas, expired in August 2007, and Hospital Partners was one of seven companies asked to submit management proposals (Premium registration required) in early 2006.
Created in 1975, Metrocrest is considered an instrument of state government as well as a unit of local government. It does not levy taxes but has the power of eminent domain and is exempt from federal taxation. -- by Andis Robeznieks
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