Winston-Salem, N.C. – June 25, 2014 – Novant Health announced today an expanded agreement to manage Morehead Memorial Hospital in Eden, N.C. Following a shared services agreement announced in January, 2014, the two organizations will enter into a deeper, more integrated partnership to reduce costs and expand services. Novant Health, in collaboration with the Morehead Board of Trustees, will place the CEO of Morehead.
“We are thrilled to expand our partnership with Morehead Memorial as we continue to seek ways to lower costs while ensuring quality care,” said Patrick Easterling, president of Novant Health Shared Services. “Working together, Novant Health and Morehead Memorial can improve affordability and make healthcare remarkable for the surrounding community.”
“Morehead Memorial is always evaluating its operations,” said R. Scott Barham, Morehead Memorial Hospital board chairman. “By deepening the relationship with Novant Health to a management agreement, we will be able to more efficiently leverage resources and find value.”
The team at Morehead Memorial Hospital will continue to work closely with the Novant Health greater Winston-Salem market team.
“This collaboration allows Novant Health the ability to offer best practices and shared opportunities to the Morehead Memorial Hospital team,” said Denise Mihal, RN, president of the Novant Health greater Winston-Salem market. “We look forward to a deeper integration and collaboration to bring real value to the community in and around Rockingham County.”
The five-year agreement is effective July 1, 2014.