High Point Regional Health System released the following announcement on Tuesday, March 26, 2013:
High Point Regional has completed its merger with UNC Health Care System, a not-for-profit integrated health care system, effective April 1, 2013.
High Point Regional has a long standing reputation for providing exceptional health care services and patient experiences. On February 21, 2012, the Board of Trustees of High Point Regional Health System approved moving forward with investigating strategic alignments to help ensure this legacy of quality care continues.
After announcing the decision to pursue a partner, High Point Regional issued a Request for Proposal (RFP) to health care organizations interested in a partnership. UNC Health Care was invited to respond to the RFP and was selected by High Point Regional Board of Trustees on September 25, 2012.
“UNC Health Care will ensure High Point Regional continues to advance in clinical care and remain competitive while also positioning us for a strong future,” said Jeffrey S. Miller, President, High Point Regional. “Our mission and legacy of proudly caring for the Triad community for more than a century will be carried forward under UNC Health Care’s guidance and I am proud of that.”
Under the merger, UNC Health Care will become the sole member of High Point Regional providing $150 million for capital improvements and $50 million for the establishment of a newly formed Community Health Fund. High Point Regional will remain a private, not-for-profit entity and maintain a Foundation to provide support for ongoing patient care, technology and capital needs.
UNC Health Care will maintain the current management for the daily operations of High Point Regional. UNC Health Care will enhance High Point Regional’s commitment to providing care as a full-service, acute care hospital.
“We proudly welcome High Point Regional’s trustees, physicians, staff and volunteers to the UNC Health Care team. With our shared mission and values, this partnership will further a comprehensive approach to health care that connects communities with the health care resources they need, provided by the local hospitals and doctors they trust,” said Gary Park, President, UNC Hospitals.
High Point Regional will maintain its current name and will transition to a new logo and brand, showcasing the relationship with UNC Health Care effective April 1. A celebration of the merger with the new UNC brand is planned throughout the next several weeks with the employees, physicians and volunteers.
High Point Regional Health System & UNC Health Care Partnership Facts
- High Point Regional has completed its merger with UNC Health Care System, a not-for-profit integrated health care system, effective April 1, 2013.
- High Point Regional Health System and UNC Health Care agreed in principle to form a strategic partnership in 2012. The High Point Regional Board of Trustees approved the proposed arrangement on Tuesday, Sept. 25, 2012.
- High Point Regional Health System has a great track record and is a solid organization. The partnership with UNC Health Care will allow for local governance and enhanced community involvement. This partnership combines more than a century of successful care delivery at High Point Regional with the managerial experience, expanded network and research capabilities of UNC Health Care—a collaborative win for Guilford County and surrounding areas.
- Under the arrangement, UNC Health Care will become the sole member of High Point Regional Health System’s Board and agree to commit $150 million for capital improvements and $50 million for the establishment of a community health fund. High Point Regional Health System will remain a private, not-for-profit entity.
- In February, High Point Regional announced the decision to look for a new strategic partner and issued an RFP (request for proposal) to health care organizations interested in partnering. UNC Health Care and other health care organizations were invited to respond to the RFP and UNC Health Care was selected by the 21 Board of Trustees members of High Point Regional Health System.
- UNC Health Care intends to maintain the current management of the daily operations of High Point Regional Health System through local leadership.
- UNC Health Care has committed to maintain High Point Regional as a full-service acute care hospital. Any reduction or deletion of services will require special approvals. Attention will be given to further developing oncology and cardiovascular service lines.
- The community health fund will be governed primarily by a local board designed to address the health care needs of the High Point Regional service area, especially indigent care. The fund will award grants that are in support of health, wellness and prevention that are not competitive with High Point Regional or UNC Health Care services and will not solicit the community for additional funds.
- The existing High Point Regional Health System Foundation will remain in place and continue the charitable mission for which it was established.
- High Point Regional Health System employees will continue to provide the same quality care and services we have established over the past 108 years. Employees will remain in their current positions if they choose to do so, but will now have access to UNC Health Care’s managerial expertise and services.
- The proposed partnership will not result in any layoffs or changes in pay or benefits of High Point Regional Health System employees for at least one year following the signing of the formal agreement.
- The current Board of Trustees structure of High Point Regional Health System will stay in place as is. As new Board members rotate on, they will be approved by UNC Health Care.
- Regional Physicians is a part of High Point Regional Health System and is included under the proposed arrangement with UNC Health Care.
About UNC Health Care
The UNC Health Care System is a not-for-profit integrated health care system owned by the state of North Carolina and based in Chapel Hill. It exists to further the teaching mission of the University of North Carolina and to provide state-of-the-art patient care.
UNC Health Care comprises UNC Hospitals, ranked consistently among the best medical centers in the country; the UNC School of Medicine, a nationally eminent research institution; community practices; home health and hospice services in seven central North Carolina counties; Pardee Hospital in Hendersonville, NC; Chatham Hospital in Siler City, NC; and Rex Healthcare and its provider network in Wake County. For more information on UNC Health Care, visit www.unchealthcare.org.
About High Point Regional
As part of a not-for-profit Health System governed by a volunteer, community-based board of trustees, High Point Regional offers a wide variety of inpatient and outpatient care. High Point Regional, the largest piece of the Health System, offers 351 private beds for medical and surgical patients and has its foundation in six primary service areas: Carolina Regional Heart Center, The Hayworth Cancer Center, The Neuroscience Center, The Esther R. Culp Women's Center, The Emergency Center and The Piedmont Joint Replacement Center.
High Point Regional’s mission is to provide exceptional health services to the people of this region. For more information, visit www.HighPointRegional.com.