NEWS RELEASE
From
Moses Cone Health System and Wake Forest University Baptist Medical Center
Doug Allred
(336) 832-8659
Douglas.Allred@mosescone.com
Mark Wright
(336) 716-3382
mwright@wfumbc.edu
EDITORS: Tim Rice and Donny Lambeth with be available to answer questions in a conference call TODAY (Friday, Feb. 8) at 9:30 a.m. Their availability today may otherwise be very limited. To join the conference call, dial 1-800-567-5900 and, when prompted, enter the participant access code 71817.
For immediate release Friday, Feb. 8, 2008
Moses Cone Health System and Wake Forest Baptist Form Alliance
Moses Cone Health System and Wake Forest University Baptist Medical Center have formed an alliance to strengthen their working relationship, improve quality and explore opportunities to reduce costs.
While remaining independent, the two health care systems will collaborate on improving patient services, medical education and clinical research. Moses Cone Health System and Wake Forest Baptist have formed The HealthCare Alliance, LLC, a limited liability company, as the organization through which they will work together.
“Our organizations are recognized for our quality patient care and commitment to serving everyone in our communities,” said Tim Rice, president and CEO, Moses Cone Health System. “We share the same values and are convinced that by strengthening our relationship, we can improve health care in the Piedmont Triad.”
For more than 25 years, Moses Cone Health System and Wake Forest Baptist have collaborated on services, including education for health care professionals, regional trauma services and information technology. “The HealthCare Alliance is a platform to help each of us achieve our missions while improving care to the patients we serve,” said Donny Lambeth, chief operating officer and interim president of North Carolina Baptist Hospital, part of Wake Forest University Baptist Medical Center. “We can integrate our clinical, educational and research programs to add value to the region’s health care.”
The HealthCare Alliance may add partners in the future. “As health care consolidates, the alliance may become a preferred organization for community hospitals, outpatient facilities and physician practices to work with us and take advantage of economies of scale,” Rice said. “By sharing services, we can assist other providers in meeting the needs in their communities.”
Moses Cone Health System, Wake Forest University Baptist Medical Center and The HealthCare Alliance, LLC, are three separate legal organizations. The governing boards retain full authority and responsibility over the operations of their organizations.
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Mug shots available (click to follow the link and download):
Donny Lambeth
Tim Rice
About Moses Cone Health System
HQ: Greensboro
Acute care beds: 1,076
5-hospital system
Includes Annie Penn Hospital in Reidsville and LeBauer HealthCare.
Employees: 7,437
www.mosescone.com
About Wake Forest University Baptist Medical Center
HQ: Winston-Salem
Acute care, psychiatric, rehabilitation and long-term care beds: 1,154
5-hospital system
Includes North Carolina Baptist Hospital, Wake Forest University Health Sciences (School of Medicine and clinical research), Brenner Children’s Hospital, and Wake Forest University Physicians.
Employees: 11,500
www.wfubmc.edu