Central Arkansas Medical Centers Collaborate, Compete in Tight Health Care Market

by Mark Friedman  on Monday, Apr. 21, 2014 12:00 am  

Banko said St. Vincent is one of the hospitals that Conway Regional is considering.

He said St. Vincent is flexible on how a partnership with Conway will work. “We don’t expect patients to come to Little Rock,” he said.

St. Vincent wouldn’t own, manage or lease property on Conway Regional’s property, and Conway Regional would continue to have its management team in place.

Both systems could see cost savings and revenue growth together, he said.

Banko also said St. Vincent plans to branch out in south, central and north-central Arkansas. And any hospital or physician group in those areas would be potential partners, he said.

But St. Vincent isn’t in a hurry and will wait until the doctors’ group or hospital organization is ready to talk, Banko said.

“Every community in every hospital is going to go on their own timeframe and their own needs,” he said. “We’re not in your face. When someone needs help or a partner, we’ll be there to answer the call.”

 

 

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