It was announced today that ECM owners purchased another small hospital chain.  You wonder how a business that's only 3 years old can expand since they only own ECM, Shoals Hospital and two other small town hospitals.  Even more important is how can they pull off building a new North Alabama Medical Center while not operating in the black and while servicing so much debt just to get into business?  See http://www.tennessean.com/arti...ell|text|FRONTPAGE|s 

Original Post
Originally Posted by Capt James T:

"Warburg Pincus, the private equity firm that invested $300 million in the startup of RegionalCare, would remain the largest investor in the post-merger company"

 

This is how they can afford it......


Agreed, very deep pockets.  My only concern with this is costs to patients.  I am one of those who support Helen Keller remaining outside the realm of Regional Care if for nothing more than to prevent a monopoly in this area.

After 18 years in Memphis, 5 in Nashville and 11 years in the Atlanta area, I can honestly say I've never seen any hospital with the excellent quality patient care of ECM. 

 

My parents had to move to Memphis in their last years, and you cannot imagine the poor quality of healthcare--which deteriorated greatly with TennCare.  I have no idea what frustrations their doctors face (with such a poor support staff), and I have no idea why they're practicing there.

 

I'm pulling for the new management @ ECM, but am especially pulling for their employees.  I just don't know how such a new corporation can pull off their challenges unless they have other profitable hospitals to offset losses @ ECM--much less coming up with the funds to build new facilities.

Originally Posted by Fatherknowsbest:
Originally Posted by Capt James T:

"Warburg Pincus, the private equity firm that invested $300 million in the startup of RegionalCare, would remain the largest investor in the post-merger company"

 

This is how they can afford it......


Agreed, very deep pockets.  My only concern with this is costs to patients.  I am one of those who support Helen Keller remaining outside the realm of Regional Care if for nothing more than to prevent a monopoly in this area.            I agree!!!!

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