Tuesday, March 6, 2018
Marshfield Clinic Health System (MCHS) and Memorial Hospital, Inc. signed a letter of intent to provide more accessible quality health care services to the Neillsville community through an affiliation partnership. The signing of the letter of intent signals the start of a due diligence period to finalize terms of the acquisition with a goal of completing the transaction by June 30.
The two organizations have worked collaboratively for decades. Currently six Marshfield Clinic specialties are active at Memorial Medical Center, with Radiology most recently added.
"This new partnership builds on more than three decades of collaboration between our two organizations, and signals a future of health care in Clark County where patients will have even greater access to care delivered where, when and how they want it," said Marshfield Clinic Health System CEO Dr. Susan Turney. "Combining our growing hospital presence in this region with our expert care providers and renowned health plan also represents another important step as we continue to build a fully-integrated system of care throughout the communities we serve."
This affiliation supports the construction of a new $40 million medical, surgical, and outpatient clinic in Neillsville. The current medical center was built in 1954. The new center will further enable the two organizations in providing more accessible health care services to the community.
"This new level of partnership will enhance health care in Clark County by increasing coordination of one system in the delivery of care, providing a location for Marshfield Clinic to provide additional specialty care and aligns Clark County's largest health insurer, Security Health Plan, with a local presence," said Memorial Medical Center CEO Ryan Neville. "We anticipate a growth in local patient volume as Clark County residents will not have to travel to Marshfield or Eau Claire to see certain providers."
Memorial Medical Center also will continue its partnership with Sniteman Pharmacy, the Art of Optometry and Neillsville Care and Rehab.
The two organizations aren't releasing the specific terms of the affiliation.
Marshfield Clinic Health System
Marshfield Clinic Health System (MCHS) is a $2.2 billion integrated health system serving Wisconsin with about 9,000 employees and over 1,200 providers comprising 86 specialties, health plan, and research and education programs. MCHS primary operations include Marshfield Clinic, Marshfield Medical Center, Marshfield Children's Hospital, Lakeview Medical Center, Marshfield Clinic Research Institute, Security Health Plan and Marshfield Clinic Health System Foundation.
Memorial Medical Center
Memorial Medical Center (MMC) is a $45 million fully integrated 25 bed rural critical access hospital with two rural health clinics and one outpatient center. MMC provides level 3 trauma care, surgical services, acute inpatient, outpatient services and assisted living. MMC has 240 employees and 20 providers.