The Sisters of Charity of St. Augustine Health System and University Hospitals Health System Form New Cleveland Healthcare Entity.
CLEVELAND--(BW HealthWire)--March 2, 1999--The Sisters of Charity of St. Augustine Health System (CSA (1) (Canadian Standards Association, Toronto, Ontario, www.csa.ca) A standards-defining organization founded in 1919. It is involved in many industries, including electronics, communications and information technology. Health System) and University Hospitals Health System (UHHS UHHS Upper Heyford High School
UHHS University Hospitals Health Systems ) today announced the signing of a Memorandum of Intent to form two new, not-for-profit, joint venture corporations, one in Cleveland and one in Canton, Ohio Canton is a city in the U.S. state of Ohio and the county seat of Stark CountyGR6. The municipality is located in northeastern Ohio and is situated on the Nimishillen Creek, approximately 24 miles (38 km) south of Akron .
The new partnership in Cleveland will include the assets of the existing Caritas Healthcare Partnership including: St. John West Shore Hospital; St. Vincent Charity Hospital; Saint Luke's Medical Center; Ohio Health Choice, one of Ohio's oldest and largest PPOs; and Professional Medical Equipment Services, a durable medical equipment Durable medical equipment is a term of art used to describe certain Medicare benefits, that is, whether Medicare may pay for the item. The item is defined by Title XVIII the Social Security Act:
University Hospitals Health System and CSA Health System will form a new, separate, not-for-profit corporation A not-for-profit corporation is a corporation created by statute, government or judicial authority that is not intended to provide a profit to the owners or members. A corporation that is organized to provide profits to its owners or members is a for-profit corporation. to acquire substantially all of the assets of the current Caritas Healthcare Partnership. University Hospitals Health System will acquire a 50 percent interest in the assets of this new not-for-profit corporation. The Sisters of Charity of St. Augustine Health System will have a 50 percent interest. To enter into the 50/50 relationship in the two new not-for-profit corporations with CSA Health System in Canton and Cleveland, University Hospitals Health System, in effect, will pay a total of $65 million to Columbia/HCA to acquire Columbia/HCA's interests in the assets.
The announcement was made jointly by: Sister Judith Ann Karam, CSA, 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. of the CSA Health System; Farah M. Walters, president and CEO of University Hospitals Health System; and Charles R. Evans For other persons named Charles Evans, see Charles Evans (disambiguation).
Charles R. Evans was a United States Representative from Nevada.
Edwin E. , president of Columbia/HCA's Mid America Division.
"We look forward to establishing this new joint venture with University Hospitals Health System and continuing the Catholic mission of our hospitals," said Sister Judith Ann. "UHHS clearly demonstrates that its employees and physicians are committed to quality healthcare with excellence and compassion. The commitment of UHHS organization to meet the needs of the community is well known. In recent years, they were honored by the Urban League, YWCA YWCA
Young Women's Christian Association
YWCA n abbr (= Young Women's Christian Association) → Asociación f de Jóvenes Cristianas
YWCA , NAACP NAACP
in full National Association for the Advancement of Colored People
Oldest and largest U.S. civil rights organization. It was founded in 1909 to secure political, educational, social, and economic equality for African Americans; W.E.B. Du Bois and Ida B. and Better Business Bureau for their exceptional contributions to the community and their service to patients."
"We are extremely pleased to be forming this partnership with the CSA Health System, with whom we have many common values and philosophies," said Farah M. Walters. "Our founding hospitals are two of the oldest in northeast Ohio. And for more than 130 years, each of us has been deeply committed to clinical excellence and community service. By working collaboratively, we will carry on that tradition, while enhancing the delivery of healthcare services to the Greater Cleveland Greater Cleveland is a nickname for the metropolitan area surrounding Cleveland in Ohio.
Northeast Ohio refers to a similar but substantially larger area as described below. community."
"We also wish to recognize with respect and appreciation our partnership with Columbia/HCA," said Sister Judith Ann. "We will long remember that our partnership with Columbia strengthened our facilities in many ways and enabled the Congregation to establish a sizable foundation in Cleveland."
Founded in 1996, the Sisters of Charity Foundation of Cleveland has current assets Current Assets
Appearing on a company's balance sheet, it represents cash, accounts receivable, inventory, marketable securities, prepaid expenses, and other assets that can be converted to cash within one year. of $48 million and awarded more than $5.7 million in much needed funds within Cuyahoga and Lorain Counties during the past two years. The Foundation concentrates its grantmaking priorities on the broader causes of poverty, including substance abuse, homelessness, the lack of early childhood education, employment and healthcare for the working poor and frail elderly frail elderly,
n.pl older persons (usually over the age of 75 years) who are afflicted with physical or mental disabilities that may interfere with the ability to independently perform activities of daily living. .
"The leadership of Caritas Healthcare Partnership looks forward to working with our counterparts within the University Hospitals Health System to enhance the geographic presence of our hospitals and outpatient centers with improved accessibility for our patients and physicians in both suburban and urban locations," said Stephen L. Royal, president and CEO of the Caritas Healthcare Partnership.
Under the pending agreement, currently employed staff of the Caritas Healthcare Partnership will become employees of this new, not-for-profit, joint venture.
"The new partnership will give us access to the research and resources of UHHS which will ultimately enhance our centers of excellence while enabling us to continue our support of the private practice model," said John Marshall, M.D., president, Caritas Physician Network. "UHHS brings nationally recognized expertise in cancer care, pediatrics, women's health Women's Health Definition
Women's health is the effect of gender on disease and health that encompasses a broad range of biological and psychosocial issues. and many other specialty areas that are vital to our future growth."
"As with the current partnership with Columbia/HCA, the new, not-for-profit, joint venture will be a Catholic healthcare provider by adhering to the Ethical and Religious Directives for Catholic Health Care Service and other faith obligations," said Sister Mary Patricia Barrett, CSA, chairperson of the board of trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of the CSA Health System. "We are pleased that through this new partnership, our Congregation will continue our mission and ministry and meet the needs of the underserved."
"This is an important alliance for healthcare in the northeast Ohio region," said Richard W. Pogue, chairman of the board of trustees of University Hospitals Health System. "We have great respect for our new partners, and this alliance will give the hundreds of thousands of families we serve even greater access to high-quality health care."
"The goal of Columbia/HCA has always been to work collaboratively with the CSA Health System in order to strengthen its ministry within the community," said Charles R. Evans, president of Columbia/HCA's MidAmerica Division. "It is our belief that our support of the coming together of the CSA Health System and UHHS will lead to the formation of a strong, locally and strategically designed integrated delivery network across northern Ohio. As a result of this change, Columbia/HCA will no longer have a hospital presence in northeast Ohio."
The CSA Health System and University Hospitals Health System are long standing healthcare organizations with deep roots in the community. Their founding hospitals are two of the oldest hospitals in Cleveland; St. Vincent Charity Hospital was founded in 1865, and University Hospitals of Cleveland University Hospitals is a major not-for-profit medical center in Cleveland, Ohio, United States. With 150 locations throughout northeast Ohio, it encompasses a network of hospitals, outpatient centers and primary care physicians. in 1866.
The CSA Health System was established in 1982 as the parent corporation for the institutional health and human services Noun 1. Health and Human Services - the United States federal department that administers all federal programs dealing with health and welfare; created in 1979
Department of Health and Human Services, HHS ministries of the Sisters of Charity of St. Augustine. In November 1995, the CSA Health System established three partnerships with Columbia/HCA in Canton and Cleveland, Ohio "Cleveland" redirects here. For the Cleveland metropolitan area, see . For other uses, see Cleveland (disambiguation).
Cleveland is a city in the U.S. state of Ohio and the county seat of Cuyahoga County, the most populous county in the state. and Columbia, South Carolina Columbia is the state capital and largest city of South Carolina. As of 2006, estimates for the population of the city proper is 122,819. Columbia is the county seat of Richland County, but a small portion of the city extends into Lexington County. , that would preserve and strengthen their Catholic health care ministries.
University Hospitals Health System includes a network of physicians, outpatient centers and hospitals; wellness, occupational health, skilled nursing, elder health, rehabilitation and home care services. More than 15,000 physicians and employees constitute UHHS, ranking it among northeast Ohio's largest employers. University Hospitals of Cleveland, the System's tertiary medical center, is the primary affiliate of Case Western Reserve University. Together, they form the largest center for biomedical research in the state. The System also includes Rainbow Babies and Children's Hospital, Ireland Cancer Center (northeast Ohio's only National Cancer Institute designated Comprehensive Cancer Center); and MacDonald Women's Hospital, UHHS Bedford Medical Center, UHHS Brown Memorial Hospital, UHHS Geauga Regional Hospital, UHHS Laurelwood Hospital and Counseling Center, UHHS Memorial Hospital of Geneva Geneva, canton and city, Switzerland
Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva. , and Southwest General Health Center (under a partnering agreement).
In addition to its partnership hospitals, the Sisters of Charity of St. Augustine Health System operates foundations and other ministries to meet health and human service needs in Canton and Cleveland, Ohio and South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures
Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. .
In 1997, UHHS was a founding member of University Hospitals Regional Network, a network of health systems in northern Ohio. The Network also includes Akron General Health System (Akron General Medical Center); Forum Health (Northside Medical Center in Youngstown, Trumbull Memorial Hospital in Warren, Tod Children's Hospital in Youngstown and Hillside Rehabilitation Hospital in Warren); and Providence Health System (Providence Hospital in Sandusky).
National City Investments is serving as financial advisor to the CSA Health System.