Leaders at New Hanover Regional Medical Center (NHRMC) have agreed to a deal with Carolinas Healthcare system that they predict will save the hospital millions of dollars.
NHRMC CEO Jack Barto said this agreement is different than the one struck down four years ago because it is strictly for shared services. He emphasized the deal is not a step towards selling the local hospital.
Barto said NHRMC expects to see over $300 million worth of cuts over the next 10 years due to healthcare changes.
"This is an opportunity to use the economies of scale that a large organization like Carolinas provides," Barto said. "As well as access their clinical protocols and be able to share ideas. Our goal is to be able to save 10 to 12 million dollars a year from this arrangement."
The new agreement with Carolinas Healthcare won't cause anyone to lose their jobs, and it won't give CHS access to the overall management of the organization. They will simply share services.
"You're not going to see any major changes on a day to day operation, but with all the pressures and the speed, we have to adapt to both changes in the cuts at the state and federal level," Barto said. "This helps us adapt without having to do anything more catastrophic in the process and keep offering services to our residents."
Hospital trustees have approved the deal, which took place Tuesday.
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