Hospital Rivals Explore Benefits of Partnership

by Mark Friedman  on Monday, Oct. 1, 2012 12:00 am  

Still, there are other areas where both St. Vincent and UAMS could work together without religious conflict. Banko gave the example of jointly buying and sharing expensive medical equipment, which is some cases can cost $1 million or more. Or both sides could consolidate human resources duties, he said.

Banko said a partnership could result in job losses in one area of the hospital but add jobs in another.

Rahn said there were still a number of issues that could cause UAMS to walk away from starting a relationship.

“What we do has to increase the effectiveness of our ability to accomplish all aspects of” UAMS’ mission to educate and train the workforce and provide care, he said.

Also, any potential partnership would have to get the approval of the UA System’s board of trustees and Arkansas legislators. In addition, a partnership would probably have to be reviewed by the Arkansas Attorney General’s Office for antitrust issues, Rahn said.

However, “if we didn’t explore this, we would be ignoring a potential opportunity,” Rahn said.

 

 

 

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