Two hospital systems in Middle Georgia announced Tuesday that they intend to form a partnership, in a move that reflects the constant consolidation of health care organizations.
The deal will not be a merger or acquisition, but it will have some financial aspect to it, said leaders of Milledgeville-based Oconee Regional Health Systems and Macon-based Central Georgia Health System.
Ninfa Saunders, CEO of Central Georgia and the Medical Center of Central Georgia, said the partnership’s primary goal is to improve the value of health care for patients, medical providers and insurers.
“This partnership will allow our health system to keep its identity intact while greatly enhancing the patient-focused health care we have provided our local residents for so many years,” Jean Aycock, CEO of Oconee Regional Health Systems and Oconee Regional Medical Center, said in a statement.
The nonprofit Milledgeville hospital, though, recently suffered a credit downgrade from Standard & Poor’s from B to CCC. full story