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Wednesday, July 19, 2017

Big change coming to health care here

Editorials

Jul 19, 2017
Bob Rolley
Publisher
brolley@lockhaven.com
Lock Haven.com

With the recent and sweeping acquisitions of hospitals and offices in Central Pennsylvania by two major health-care networks, rural health advocates across the country are referring to this area as the canary in the coal mine, a local advocate says.

In other words, a lot of eyes are on this region as UPMC Susquehanna and Geisinger Health battle for more patients.

Change and “consolidation” is coming as health systems work to insure more people to better manage and grow their businesses, says Larry Baronner, rural health systems manager and deputy director of the Pennsylvania Office of Rural Health based in State College.

The recent transactions involving nonprofit Jersey Shore Hospital, for-profit Lock Haven Hospital, the former Bald Eagle Factory Outlets property, and non-profit Charles Cole Memorial Hospital at Coudersport were so swift that it’s all been rather breathtaking.

In just a matter of weeks:

r Geisinger Health announced an affiliation with Highmark Blue Cross/Blue Shield.

r Geisinger then announced it would acquire Jersey Shore Hospital.

r UPMC Susquehanna then announced it would purchase Lock Haven Hospital.

r UPMC followed that by buying the 100-plus acre Bald Eagle Factory Outlets directly off Route 220 at McElhattan, with its various storefronts and tons of office space and parking.

r UPMC didn’t stop there, buying Charles Cole Memorial Hospital at Coudersport and its extensive rural health clinic network that supports the hospital.

This all begs the question: Why so much, so fast?  Read more....

4 comments :

Anonymous said...

This says Charles Cole was SOLD to UPMC? I thought it was just an affiliation? Which is it? Would someone from Charles Cole please let us know?

Joseph Petrencsik said...

My Biggest Question is, Who are the acquisitions going to benefit the most the People or the the Health Care Industry?

Anonymous said...

our physicians are endangering our health care by opening numerous offices in different towns my feeling is take care of what u have and not overextend it endangers pts b/c months before u reach an appointment or setting up surgeries need to bring in new drs to add to the physician roster rather than spreading out what we have coudy to smethport is reasonable travel etc we NEED NEW DRS

Anonymous said...

UPMC purchased Cole Memorial and is putting it under the UPMC Susquehanna umbrella.