St. Elizabeth Healthcare, TriHealth Launch Joint Venture | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

St. Elizabeth Healthcare, TriHealth Launch Joint Venture

December 10, 2013
by Rajiv Leventhal
| Reprints

The Northern, Ky.-based St. Elizabeth Healthcare and the Cincinnati, Ohio-based TriHealth have signed a letter of intent to establish Healthcare Solutions Network, a regional health organization designed with the goal to enable the two organizations to deliver better health, better patient experiences, and lower costs.

St. Elizabeth is comprised of six acute-care hospitals with almost 1,200 licensed beds. TriHealth, an affiliate of Englewood, Colo.-based Catholic Health Initiatives, has four acute-care hospitals and an expansive ambulatory network throughout the Cincinnati metropolitan area.

This collaboration is not a merger; each organization continues to operate its own facilities and maintain its own management and governing board. Healthcare Solutions Network is jointly owned by St. Elizabeth and TriHealth to house new capabilities and support services that will be needed for the rapidly emerging changes in healthcare, officials of the organizations say.

First-year priorities include:

  • Managed care products: Introducing a new Medicare Advantage product to the market for this exclusive network. Providing a narrow network for health plans, which will offer a cost-efficient, high-quality alternative to broad network Preferred Provider Organization health insurance products.
  • Integrated network: Creating a single network to enable employed physicians, independent physicians and hospitals to align to improve quality and outcomes under a common infrastructure.
  • Population health management: Developing a program to help manage the health of large patient groups through a single clinical network that offers additional value for patients.
  • Clinical services: Coordinating select services to facilitate adoption of best practices, improve quality access at patient and population levels and provide more efficient use of healthcare resources. 

Our systems’ services are highly complementary,” TriHealth CEO John Prout said in a statement. “This collaboration will make it easier for physicians, patients, employers and insurers to access one, high-quality, lower cost and efficient source for health services and solutions across the region.”

Topics

News

Community Data Sharing: Eight Recommendations From San Diego

A learning guide focuses on San Diego’s experience in building a community health information exchange and the realities of embarking on a broad community collaboration to achieve better data sharing.

HealthlinkNY’s Galanis to Step Down as CEO

Christina Galanis, who has served as president and CEO of HealthlinkNY for the past 13 years, will leave her position at the end of the year.

Email-Related Cyber Attacks a Top Concern for Providers

U.S. healthcare providers overwhelmingly rank email as the top source of a potential data breach, according to new research from email and data security company Mimecast and conducted by HIMSS Analytics.

Former Health IT Head in San Diego County Charged with Defrauding Provider out of $800K

The ex-health IT director at North County Health Services, a San Diego County-based healthcare service provider, has been charged with spearheading fraudulent operations that cost the organization $800,000.

Allscripts Touts 1 Billion API Shares in 2017

Officials from Chicago-based health IT vendor Allscripts have attested that the company has reached a new milestone— one billion application programming interface (API) data exchange transactions in 2017.

Dignity Health, CHI Merging to Form New Catholic Health System

Catholic Health Initiatives (CHI), based in Englewood, Colorado, and San Francisco-based Dignity Health officially announced they are merging and have signed a definitive agreement to combine ministries and create a new, nonprofit Catholic health system.