Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

Samaritan Healthcare, Confluence Health drop negotiations

Moses Lake, Wash.-based Samaritan Healthcare and Wenatchee, Wash.-based Confluence Health officials said negotiations for an affiliation agreement have ended, according to the Columbia Basin Herald.

The two were in talks to create a vertically integrated healthcare delivery system for nearly 18 months, according to the report.

In May, both facilities signed a memorandum of understanding and began the process of evaluating various aspects of a proposed affiliation, including potential financial models.

Officials from both organizations determined that the groups would not "be able to find a sustainable financial model acceptable to both parties," according to the report.

The organizations will continue to discuss alternative cooperation options, according to the report.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars