23 Aug WHAT ASSURANCES WILL THERE BE IN THE AGREEMENT WITH HCA TO KEEP THESE HOSPITALS OPEN? DURING THE MEETING BETWEEN DR. PAULUS AND CITY AND COUNTY OFFICIALS, SOME COUNTY COMMISSIONERS GOT THE IDEA THAT THE HOSPITALS WOULD BE GUARANTEED TO STAY OPEN SEVEN YEARS. I UNDERSTOOD THE FIGURE TO BE FIVE. IF YOU COULD CLEAR THAT UP, IT WOULD BE HELPFUL, AND I’M ALSO INTERESTED TO LEARN MORE DETAILS ABOUT HOW OR WHETHER THEY WILL BE PROTECTED IN THE AGREEMENT.
Most important, HCA Healthcare has a very strong track record of enhancing the operations of its hospitals. HCA Healthcare also has a proven history of investing in the communities it serves and supporting healthcare in each community.
Right now, no entity in the Mission Health system has any material protection relative to its program or service offerings. Under the contemplated transaction, every entity within Mission Health will have very significant protections that it lacks today with respect to both program and facility closures. HCA Healthcare has committed to a series of significant protections, including a commitment not to close any hospital for a significant period of time and not without first attempting to sell the hospital to any willing bidder (should that circumstance ever occur).[Note: the reason for the discordance in this issue has to do with an absolute commitment (no sooner than five years) and a test for closure (two consecutive years of losing money despite trying not to do so; meaning the total time is either (3 + 2 = 5) or (5 + 2 = 7)].