St. Vincent, UAMS Talking Partnership

by Mark Friedman  on Monday, Sep. 3, 2012 12:00 am  

Peter Banko, CEO of St. Vincent Health System.

Thursday’s statement provided few details. But the health care systems said an affiliation could lead to expanded research opportunities; increased training and education for doctors, nurses and staff; and “the ability to attract world-class physicians, nurses and health care professionals to the state.”

The announcement came a day after UAMS and St. Vincent acknowledged, in a short news release, that they were in talks. It noted that “any affiliation that is pursued will preserve UAMS’ public identity and St. Vincent’s Catholic identity including women’s and reproductive health care services.”


Getting Serious

Banko said that he and Rahn had known each other for a couple of years and had informally talked about collaborating.

“We got to talking and thought it was a good idea to get a little more serious about it,” Banko said.

Part of what sparked discussion was health care reform, which is driving hospitals and physicians to be more effective and efficient.

But what also drove the two sides to begin talks is “we’re neighbors and we need to find ways to collaborate,” Banko said.

Banko said there was no deadline on when something might be announced.

On Aug. 27, Banko told Arkansas Business that the health system was talking with other hospitals and physician groups about joining St. Vincent.

Banko declined to say which groups he was talking with. He said that “we’ll see some partnerships … emerge” within the next year or two.

Banko said last month that Chad S. Aduddell would be CEO of St. Vincent’s flagship hospital, St. Vincent Infirmary. St. Vincent previously didn’t have a CEO position at the hospital.

Banko said that adding Aduddell would give him “the opportunity to spend my time completely focused on building a regional and statewide health network.”



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