Health News
- $230 Million Expansion At Baptist Health Lexington To Provide Private Patient Rooms And Updated Spaces Throughout
Baptist Health Lexington, formerly Central Baptist Hospital, is undergoing a $230 million expansion that will make it better, not necessarily bigger, Dan Dickson reports for Business Lexington. The expansion will not add beds to the hospital, which now...
- Baptist Health, Formerly Baptist Healthcare System Inc., Acquires Richmond Hospital; Could Become Largest Health Group In Ky.
Pattie A. Clay Regional Medical CenterThe nonprofit formerly known as Baptist Healthcare System Inc. is moving closer to becoming the largest health care organization in Kentucky, with last week's acquisition of the Pattie A. Clay Regional Medical...
- Central Baptist Takes Over Russell County Hospital
Russell County Hospital in Russell Springs will be managed by Lexington's Central Baptist Hospital, at least for the next three years. The deal announced this week is the latest in a growing consolidation of rural hospitals with larger, urban facilities,...
- Doctors Use Telemedicine To Help Patients With Dementia, Alzheimer's
Following a nationwide trend, Kentucky doctors are turning to telemedicine to help patients with memory problems such as those associated with Alzheimer's disease and dementia, reports Allison Elliott with the University of Kentucky. "State-of-the-art...
- Hospitals Merging To Shore Up Finances And, As Federal Health-reform Law Encourages, Improve Patient Outcomes
With one expert calling it "merger mania," Robert Hadley of The Lane Report looks at how Kentucky hospitals and hospital systems are banding together as they brace for reimbursement changes mandated in the new health care law. The most discussed merger...
Health News
Baptist Health buys Trover Health in Western Kentucky, making Baptist Kentucky's largest health-care provider by licensed beds
Following the nationwide trend of large hospitals taking over smaller ones in light of health care reform demands in a slow economy, Louisville-based Baptist Health added an eighth hospital to its statewide network this week by acquiring Trover Health System in Western Kentucky. Andy Sears, vice president of planning and system development for Baptist Health, told Laura Ungar of The Courier-Journal that Trover contributed its total assets to Baptist Health, which took over its liabilities, making the deal worth about $120 million.
Ungar reports the Trover acquisition is especially understandable in the context of the times. "Experts," writes Ungar, "say one big reason for the surge is that larger, wealthier organizations can buy what they need at higher volumes for cheaper prices. Bigger health care organizations also have greater might when negotiating reimbursement rates with insurers." Sears agreed, saying standalone hospitals "don't have the resources to compete."
The deal makes Baptist Health that state's largest health care provider by total licensed bed capacity and by geographical coverage. Trover is located in Madisonville. It will now be called Baptist Health Madisonville. (Read more)
Ungar reports the Trover acquisition is especially understandable in the context of the times. "Experts," writes Ungar, "say one big reason for the surge is that larger, wealthier organizations can buy what they need at higher volumes for cheaper prices. Bigger health care organizations also have greater might when negotiating reimbursement rates with insurers." Sears agreed, saying standalone hospitals "don't have the resources to compete."
The deal makes Baptist Health that state's largest health care provider by total licensed bed capacity and by geographical coverage. Trover is located in Madisonville. It will now be called Baptist Health Madisonville. (Read more)
- $230 Million Expansion At Baptist Health Lexington To Provide Private Patient Rooms And Updated Spaces Throughout
Baptist Health Lexington, formerly Central Baptist Hospital, is undergoing a $230 million expansion that will make it better, not necessarily bigger, Dan Dickson reports for Business Lexington. The expansion will not add beds to the hospital, which now...
- Baptist Health, Formerly Baptist Healthcare System Inc., Acquires Richmond Hospital; Could Become Largest Health Group In Ky.
Pattie A. Clay Regional Medical CenterThe nonprofit formerly known as Baptist Healthcare System Inc. is moving closer to becoming the largest health care organization in Kentucky, with last week's acquisition of the Pattie A. Clay Regional Medical...
- Central Baptist Takes Over Russell County Hospital
Russell County Hospital in Russell Springs will be managed by Lexington's Central Baptist Hospital, at least for the next three years. The deal announced this week is the latest in a growing consolidation of rural hospitals with larger, urban facilities,...
- Doctors Use Telemedicine To Help Patients With Dementia, Alzheimer's
Following a nationwide trend, Kentucky doctors are turning to telemedicine to help patients with memory problems such as those associated with Alzheimer's disease and dementia, reports Allison Elliott with the University of Kentucky. "State-of-the-art...
- Hospitals Merging To Shore Up Finances And, As Federal Health-reform Law Encourages, Improve Patient Outcomes
With one expert calling it "merger mania," Robert Hadley of The Lane Report looks at how Kentucky hospitals and hospital systems are banding together as they brace for reimbursement changes mandated in the new health care law. The most discussed merger...