As the management agreement between the Union Hospital District and Carolinas HealthCare System approaches its June 2011 expiration date, UHD is seeking to find a new partner to oversee management and provide capital investment.
CHS has overseen management of UHD since 2006, but has never served as a capital partner. The CHS Board has agreed to use the next six months to transition the facilities management operations back to UHD and to help them find a long-term management and capital investment partner.
“Clearly, the current economic downturn has challenged Union County, S.C., severely,” CHS Executive Vice President Larry Hinsdale said in a statement. “This community deserves continued access to local healthcare services that Wallace Thomson Hospital provides, but it is going to take significant capital for that to occur.”
Stan James, chair of the Union Hospital District Board, touted the accomplishments of CHS in its time of management, like improved management processes and quality of care scores. Under CHS, the UHD has generated more than $11 million in cost savings, James said.
“We appreciate the help of Carolinas HealthCare in moving to the next phase of management of the District,” James said in a statement.