The settlement will make Lake Well being ‘UH’s Lake County flagship community-based well being care supplier.’
CLEVELAND — One in all Better Cleveland’s final impartial hospital system’s will now be part of one of many area’s “Large Three.”
College Hospitals introduced Thursday it’s merging with Lake Well being. The transfer will make Lake Well being “UH’s Lake County flagship community-based well being care supplier,” in accordance with a joint press launch.
UH CEO Thomas F. Zenty III gave the next assertion:
“We sit up for enhancing providers and applications for residents in and round Lake County, enhancing entry to specialised care, and to extending Lake Well being’s long-standing custom of offering patient-focused well being care near dwelling. The advantages gained by means of turning into a part of UH will result in larger worth and decrease prices of look after Lake Well being’s sufferers.”
Lake Well being says it started exploring “strategic partnership choices” earlier this 12 months and noticed UH as “a like-minded group that shared its tradition and imaginative and prescient in caring for Lake County and the encompassing communities.” The settlement was reached Wednesday by each programs’ respective boards of trustees, though it’s nonetheless awaiting ultimate authorities approval.
Lake Well being operates 11 medical facilities in Lake County in addition to Beachwood and Chardon, which is able to now develop into property of UH. All of Lake Well being’s greater than 3,000 present staff together with the group’s current affiliations can be retained, with UH committing to offer “equal or higher” advantages to employees whereas additionally giving the services entry to scientific trials and coaching.
Cynthia Moore-Hardy, president and CEO of Lake Well being, mentioned:
“As a part of our mission, Lake Well being has been devoted to compassionate care, delivered when and the place individuals want it most,” mentioned Lake Well being CEO Moore-Hardy. “We’re carrying that very same dedication into the long run as a part of UH. This partnership was a pure coming collectively for 2 organizations that share a robust dedication to offering sufferers with high-quality care and bettering the communities we serve. And at the same time as we’re enthusiastic about this future, we will reassure our present Lake Well being sufferers that they’ll nonetheless be capable to obtain excellent care from the identical medical doctors and nurses in the identical areas, utilizing the identical insurance coverage plan that they do immediately.”
UH and Lake Well being have already been partnering in different methods for years, notably with the Lake Well being/College Hospitals Seidman Most cancers Heart in Mentor. UH additionally turned a minority companion in Lake Well being’s Beachwood Medical Heart in 2019, largely specializing in orthopedics and urology.
The well being care system is rising in different methods, too, as Cleveland Clinic is at present constructing a brand new hospital in Mentor.