Doug Hastings, Chair of the firm’s Board of Directors and a Member of the Health Care and Life Sciences practice, in the Washington, DC, office, co-authored an article titled “Increasingly Common Bedfellows—Collaborations Between Academic Medical Centers and Investor-Owned Health Care Companies.”
Following is an excerpt:
Over the past several years, a number of innovative strategic partnerships have been formed between Academic Medical Centers (AMCs) and investor-owned health care companies. Examples include the Cleveland Clinic and Community Health Systems (NYSE: CYH) service line collaboration announced in March 2013; Duke University Health System and LifePoint Hospitals Inc. (Nasdaq: LPNT) establishing a joint venture “to own and operate a system of highly functioning community hospitals”; and Shands HealthCare partnering with Health Management Associates Inc. to jointly own and operate three community hospitals.
The attached file is used with permission from AHLA Connections.