Washington State's Swedish Medical Center to Administer County Hospital

A proposed agreement for Swedish Health Services to take over administration of Stevens Hospital in Edmonds, Wash., is being reviewed by the state Department of Health, according to a report by the Herald.


As part of the deal, Swedish Health Services, which operates 1,245-bed Swedish Medical Center in Seattle, would spend $90-$150 million on investments and improvements, such as implementation of an electronic medical record system.

The 217-bed, county-run hospital had been running deficits for years, but in 2009 Stevens logged its best financial year ever, with operating profits of $11.5 million.

Read the Herald's report on Swedish Health Services.


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

 

Featured Whitepapers

Featured Webinars