Cuba (N.Y.) Memorial Hospital and Buffalo, N.Y.-based Kaleida Health entered into partnership Tuesday.
The affiliation aims to strengthen Kaleida's Southern Tier healthcare platform — a three-county rural health network — and expand use of Cuba's critical access facilities. The partnership also connects Cuba to Kaleida's larger health system programs and services while maintaining its community-based approaches.
"It's the right thing for this hospital and it's the right thing for this community," says Cuba Memorial CEO Andrew Boser. "This affiliation is historic and will help the hospital continue its legacy and serve the needs of the greater Cuba area and surrounding communities for years to come."
Established in 1923, Cuba Memorial Hospital operates a 20-bed medical acute care unit, an urgent care center and a 61-bed residential healthcare facility.
A $4.6 million grant through N.Y.'s Essential Healthcare Provider Support Program was secured to help Cuba financially reposition. The grant assuages debt retirement, capital projects, turnaround and transformations.
More articles about hospital transactions:
Visiting Nurse and Hospice for Vermont and New Hampshire to become Dartmouth-Hitchcock affiliate
MEDNAX acquires 2 medical practices
5 recent hospital transactions and partnerships