Crittenden Regional Hospital and Methodist Healthcare Strengthen Affiliation
To better serve patients and foster financial stability, Crittenden Regional Hospital (CRH) has entered into a new Affiliation and Consulting agreement with Methodist Le Bonheur Healthcare (Methodist). This Agreement expands and strengthens the original affiliation and consulting services agreement the two organizations signed in 2010. Faced with the same industry, market, and financial challenges that community hospitals across the country are experiencing, CRH leadership sought an affiliation partner to strengthen their ability to successfully address these challenges going forward through expansion of an agreement that has already benefited both parties as well as the patients served by CRH. In 2010, the CRH board of directors chose Methodist as the partner most able to assist the hospital in expanding its ability to serve its patients and attract physicians to the community, and that decision was reaffirmed with the signing of this new agreement.
As part of the new and expanded Affiliation Agreement, CRH will be publicly identified as an affiliate of Methodist Healthcare. CRH will have access to Methodist’s clinical and business best practices, financial expertise, and operating synergies which will allow the opportunity to provide competitively priced, more efficient services to CRH patients. Methodist will actively assist CRH in maintaining and promoting the best mix of healthcare services for the patients it serves. Methodist will also assist CRH in recruiting primary care providers and facilitate greater access to specialty physicians necessary to support healthcare delivery in eastern Arkansas.
As part of the expanded agreement, Methodist recruited a new Crittenden Regional Hospital CEO, Eugene K. Cashman III. Cashman will be a Methodist employee and will join CRH the week of October 1. He comes to CRH from Select Medical Corporation where he was CEO of a 186-bed long-term acute care facility in Columbus, Ohio. Prior to his tenure with Select, he served in a variety of leadership positions with Vanderbilt University Medical Center, most recently as director of Perioperative Administrative Operations. A native Memphian, Cashman holds a Bachelor of Arts from Auburn University and a Master of Health Administration from the University of Memphis. His appointment to the CEO post was approved by the CRH Board of Directors at their August meeting.
“Both CRH and Methodist recognize and appreciate the natural affinity of Crittenden County citizens and the Eastern Arkansas medical community toward the Methodist delivery network,” said CRH Board Chairman David Rains.
“The mission and culture of our organizations are well aligned,” added Gary Shorb, president and chief executive officer of Methodist Le Bonheur Healthcare. “By strengthening the affiliation between our two organizations, we’ll be able to take healthcare in Eastern Arkansas to the next level.”
CRH has served the communities of Crittenden County and surrounding areas of Eastern Arkansas for more than 60 years. Located in West Memphis, Arkansas, CRH strives to provide excellence in patient-centered health care for the Mid-South. For more information, visit www.crittendenregional.org.
Methodist Le Bonheur Healthcare is an integrated, not-for-profit healthcare delivery system based in Memphis, Tennessee and focused on its mission to be the leader in providing high-quality, cost effective, patient- and family-centered care in West Tennessee, Eastern Arkansas and North Mississippi. Its seven-hospital system includes home health services, outpatient surgery centers, minor medical centers, diagnostic centers, sleep centers and a hospice residence. Rated as the number one hospital in the region by U.S. News and World Report for the last three years, Methodist received accolades in twelve specialties including neurology and heart surgery. Affiliated with The United Methodist Church since 1918, Methodist Le Bonheur Healthcare combines a dedication to clinical excellence with a faith-based commitment to care.