PMC and County Announce Potential Capital Partners fo...(shared governance; continued access to c...),Health

Date:7/8/2008

shared governance; continued access to care for people from all walks of life; strong physician relationships; protection of employees and support of medical education in cooperation with Idaho State University. We are confident that either of these finalists can deliver on those objectives."

"We are anxious to see how each organization will specifically address each of our rigorous demands in their responses and in the community forums next week, at which they will present information about their companies and answer questions from the community about how they will live up to their commitments."

"Our primary concern is that our partner agrees to the commitments necessary to meet our community values and get our replacement hospital up and running as soon as possible. Whether the partner is for-profit, not-for- profit, faith-based or government-owned isn't the issue," said Hadley. "The issue is how we can best meet the healthcare needs of our community and region and still maintain the local influence and control necessary to ensure we are doing what's right for our patients."

"At this point the County, PMC, and its medical staff leaders will do what's needed to select a single partner for presentation to the voters in November," said Joe Lupica, President of Stroudwater Capital, the advisory firm for the project. "This week, for example, a group of PMC board members, administrators, and physicians will visit representative hospitals of each finalist. They will also interview independent leaders in the communities served by those hospitals. Next week, the County will put the finalists on stage in Pocatello for large public interviews on two successive nights. The finalists will describe their vision for the community and answer questions from the audience. Meanwhile, the legal teams for the County and PMC are conducting extensive reviews of the proposals so they can secure contractual agreements regarding the community's core values and expecta
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SOURCE Portneuf Medical Center Copyright©2008 PR Newswire. All rights reserved

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