Swedish Medical Center will become a joint-equity partner in the multispecialty physician group Minor & James Medical, under a new agreement. Both are based in Seattle.
Seattle hospital to become partner in doc group
Two Swedish Medical Center physicians will serve on Minor & James' governing board, while the group's 72 physicians will retain control over clinical operations. The multispecialty medical group also will remain as a professional limited liability corporation. The financial terms of the deal were not disclosed. Bryan Mueller, former chief operating officer of Radia, a radiology and vascular surgery practice in Everett, Wash., will serve as executive director of Minor & James.
“Our key goals are to enhance medical services in the community, reduce the cost of healthcare by sharing resources, and streamline processes,” said Cal Knight, Swedish's president and CEO, in a statement. “All over the country, physicians and hospitals are working more closely together for the benefit of patients and the communities they serve.”
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