PMC and County Announce Potential Capital Partners fo... (ch were not-for-profitto present an oppo...)

PMC and County Announce Potential Capital Partners for Hospital

Date:7/8/2008

ch were not-for-profit, to present an opportunity to form a partnership with the community. Those indicating interest were given a Confidential Descriptive Memorandum, including a Request for Proposals (RFP) based on a set of Community Values drafted by a Citizens Advisory Panel.

A group of medical staff, governing board and hospital administration leaders spent a day and a half reviewing every proposal and then made their recommendations to the County Commissioners. The legal and advisory team for PMC and the County then drafted specific language to clarify the actual commitments each candidate would make to honor the Community Values. With that input, the Commissioners and PMC have narrowed the list down to the two most qualified candidates for the public's consideration.

"The finalists have the financial resources and have made the commitment to complete the new hospital as soon as possible," said Kelly Hirning, Chair of Portneuf Medical Center's Board of Governors. "In addition, each of them embraces our shared governance model that will allow significant local control. This unique opportunity will allow us as a community to have a brand new facility that will be the regional referral center for the entire surrounding area. These are both high quality organizations with solid reputations. Either of them will bring us more than just financial resources."

"It is critical for the community to understand that throughout the process of exploring possible partners, we will all steadfastly adhere to the Community Values articulated by the Citizens Panel of 14 local residents, community physicians, and members of the PMC governing board. We appointed them to identify the needs, desires and values of our entire community, and they sure did," said County Commissioner Steve Hadley. "The Panel's objectives include: construction of an outstanding regional acute care hospital and the capital to support it; joint ownership of the facility, along with 50/50
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SOURCE Portneuf Medical Center
Copyright©2008 PR Newswire.
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