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Wednesday, 03 October 2012 13:26

Ludington hospital explores partnership options

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Memorial Medical Center of West Michigan Memorial Medical Center of West Michigan

LUDINGTON — Memorial Medical Center in Ludington is the latest Michigan hospital to seek a partner as the heath care landscape changes rapidly.

The hospital has retained Juniper Advisory in Chicago to serve as an adviser on possible partnerships. Juniper Advisory will present options to directors during 2013.

Al Deering“Given the rapidly changing health care industry, the board believes it is our responsibility to explore all options to better meet the healthcare needs of our community,” Memorial Medical Center board chair Al Deering said in a statement. “Our sole purpose is to preserve MMC as a viable health care provider for future generations.

The move comes as Memorial Medical Center’s finances remain in good shape, Deering said. Given the changes coming in health care that’s driving consolidation, directors decided now was the best time to examine a possible partnership while the hospital is in good financial shape.

“We may find a great solution or decide that we’re better suited to move forward on our own, but the systematic approach offered by Juniper will make certain that no stone is left unturned and that our options here in Ludington and surrounding communities are fully understood,” directors said in a statement.

The West Michigan marketplace has seen a number of consolidations in recent years, beginning with the 2008 merger of Hackley Hospital and Mercy General Health Partners in Muskegon to form Mercy Health Partners.

Zeeland Community Hospital and Gerber Memorial Hospital in Fremont in 2010 became part of Spectrum Health in Grand Rapids and Bronson Healthcare Group in 2011 acquired a majority stake in Battle Creek Health System. Community Hospital in Watervliet merged into Lakeland HealthCare in 2010.

Read 2438 times Last modified on Wednesday, 03 October 2012 13:42

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