EMC enters into agreement with ER Hospitals, LLC
by Emanuel County Live | April 1, 2013 11:00 am
The Emanuel County Hospital Authority and Emanuel Medical Center announced today that, as of April 1, 2013 it has entered into a joint management agreement and lease with ER Hospitals, LLC of Salt Lake City, Utah.
Erma Jenkins, Chairman of the Emanuel County Hospital Authority was pleased. “This agreement is the culmination of a long and diligent search for a strategic partner for our hospital. ER Hospitals, LLC is a perfect fit for our hospital, its needs and its plans for the future.”
Brian Riddle, hospital CEO explains further. “We have been earnestly looking for some form of strategic alliance with a larger entity to give us the financial wherewithal to expand our facilities and services to the citizens of Emanuel County. We were reluctant, however to give up local authority to essentially a competitor in fear our goals and objectives might not completely align and their decisions would primarily be in support of their own agenda. ER Hospitals, LLC offered us the perfect compromise between local say-so and expert outside management experience, with significant financial backing. This alliance is exactly what we were looking for.”
Kirk Olsen, a partner at ER Hospitals, added his own thoughts.
“Small, rural hospitals face so many headwinds in today’s political and economic environment, it has become difficult for them to perform the mission for which they were established,” he said. “ER Hospital’s business model is to approach small and medium sized hospitals in situations exactly like Emanuel Medical’s and offer our financial and management resources to help them not only weather the storm, but thrive. We have been very successful with this model, primarily in the western states, but see absolutely no reason why it shouldn’t work as well here. This is our first foray into Georgia and we were very selective about our primary venture. After narrowing the field to four hospitals, statewide, we chose Emanuel Medical as the outstanding prospect for an alliance with our company. Emanuel Medical Center is an absolute jewel, lacking only the depth of financial and management resources to achieve its potential. We are very happy to be in Swainsboro and to team up with your great hospital.”
The management agreement and lease includes Emanuel Medical Center, Emanuel Emergency Medical Services and Emanuel Nursing Home. Emanuel Medical Center will continue to operate as a not-for-profit hospital serving the citizens of Emanuel County. ER Hospitals manages hospitals in Nevada and now, Georgia and is currently developing projects in California and Texas.
Emanuel Medical Center is a fully accredited, not-for-profit hospital serving the residents of Swainsboro, Twin City, Soperton, Adrian, Kite, Midville, Garfield, Stillmore and unincorporated Emanuel County. Emanuel Medical provides Radiology, Surgical, Laboratory, Cardio-Pulmonary, Physical Therapy and Women’s Services as well as around-the-clock Emergency Medical Services, Trauma Care and Emergency Transport. EMC is currently licensed for 72 hospital and 49 nursing home beds.