Bon Secours Health System to Sell Michigan Properties.Beaumont Hospitals to Acquire Bon Secours Hospital and Related Facilities; Henry Ford Health System To Be Sole Owner of Cottage Hospital The original concept of a cottage hospital was a small rural hospital having up to 25 beds. One advantage of such a hospital in villages was the familiarity the local physician might have with their patient that may affect their treatment. MARRIOTTSVILLE, Md. -- Bon Secours Health System, Inc. (BSHSI BSHSI Bon Secours Health System Inc (Suffern, NY) ) and Bon Secours Cottage Health Services health services Managed care The benefits covered under a health contract (BSCHS BSCHS Bon Secours Charity Health System (Suffern, New York) ) announced today that they have signed a Letter of Intent for the sale of Bon Secours Hospital and Bon Secours' Michigan nursing care and assisted living as·sist·ed living n. A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication. facilities to Beaumont Hospitals. At the same time, BSHSI and Henry Ford Health System have announced an agreement in principle to end their BSCHS joint venture and for Henry Ford Health System to be sole owner of Cottage Hospital. The next steps in the process are to complete the terms of the definitive agreements, and address appropriate regulatory steps. This is expected to take several months. "Because of the dedication and commitment of our sponsors, local boards, physicians, management, and joint-venture partner, we reviewed proposals, narrowed the options and selected two of the premier health systems in Michigan to care for Bon Secours and Cottage patients and their families," said Richard J. Statuto, BSHSI President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We are pleased and comfortable with how our objectives for preserving and improving health care services in our Michigan communities will be addressed." Kenneth J. Matzick, Beaumont Hospitals President and CEO said, "We are delighted to have been selected as the preferred buyer of Bon Secours Hospital, Bon Secours Nursing Care Center and Bon Secours Place at St. Clair Shores, an assisted living facility. This lines up perfectly with the continuum of care we offer in our own hospitals and nursing facilities. We have pledged to sustain the mission, the values and the legacy that the Sisters of Bon Secours have provided this community for over 100 years." Nancy Schlichting, President and CEO, Henry Ford Health System stated, "We are thrilled to have Cottage Hospital and its wonderful physicians and staff as a vital part of the Henry Ford family. We look forward to investing further in the hospital, including new medical programs and technologies and continuing and expanding current services." Jeffrey Collins, CEO of Bon Secours Cottage Health Services, added, "The Bon Secours Cottage team supports the decision of the local and corporate boards and will provide full support to the transition teams for both Beaumont and Henry Ford to ensure a smooth process for our staff and most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially our patients." ABOUT BON SECOURS HEALTH SYSTEM Bon Secours Health System, based in Marriottsville, Maryland, is a $2.2 billion dollar not-for-profit Catholic health system that owns, manages or joint ventures 20 acute care, 6 long term care, 6 assisted living and independent living and other facilities, primarily on the East Coast. Bon Secours Health System consists of more than 18,000 caregivers helping people in 12 communities in eight states. Visit Bon Secours Health System's website at www.bshsi.com ABOUT BEAUMONT HOSPITALS Beaumont Hospitals has two hospitals in Royal Oak and Troy, Mich., with more than 2,400 private practice physicians in more than 91 medical and surgical specialties In all modern medical training programs, a surgeon must specialise in an area. The exact number of recognized specialties depends on one's purpose in counting them. The following specialties are often described:
recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. residencies and fellowships and a research institute. Beaumont also includes seven community-based medical centers, four nursing care centers, home care and hospice. Beaumont's 1,061-bed Royal Oak hospital is a major teaching, research and referral center with Level I trauma designation that ranks first in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. for inpatient admissions and second for total surgeries. Beaumont's 296-bed Troy hospital is an acute-care facility with its own residency program that ranks among the nation's leading community hospitals for admissions and surgeries. Visit Beaumont's web site at www.beaumonthospitals.com. ABOUT HENRY FORD HEALTH SYSTEM Henry Ford Health System is one of the nation's leading comprehensive, integrated health systems, with 17,000 employees caring for more than 1 million patients annually with its flagship hospital, education and research center in Detroit; and a network of four community hospitals, 25 medical centers and pharmacies, home care, medical equipment companies, nursing homes, and numerous other related services throughout Southeast Michigan Southeast Michigan, also called Southeastern Michigan, is a region in the Lower Peninsula of the U.S. state of Michigan that is home to a majority of the state's businesses and industries, and is home to slightly over half the state's population. . Henry Ford also owns Health Alliance Plan, serving more than 2,800 employer groups employer group Association of employers Managed care An entity with a current group benefits agreement in effect with a health plan to provide covered health care services to its employee-subscribers and eligible dependents. and 560,000 members. Henry Ford's revenues in 2006 totaled $3.25 billion, with net income of $135 million. Visit Henry Ford's website at www.henryford.com. |
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