N.C. health providers team up to cut costs

Wake Forest Baptist Medical Center, WakeMed Health & Hospitals and Vidant Health have formed a shared-services operating company


Wake Forest Baptist Medical Center, based in Winston-Salem; WakeMed Health & Hospitals, based in Raleigh; and Vidant Health, based in Greenville, are forming a new shared-services operating company that allows each entity to remain independent, according to an article on the Journal Now website.

The company will share supply-chain management, select information-technology infrastructure and clinical protocols. The three health systems are not direct competitors; each serves a different section of the state. 

“These three organizations have joined resources to more quickly innovate care models and support infrastructure that reduce cost and best meet the needs of the diverse patient, consumer and workforce populations that we serve throughout the state,” Dr. John McConnell, Wake Forest Baptist’s chief executive, said in the article.

While the three systems don’t compete with each other, they have competition from other systems, which should also help serve to keep costs down, the article said.

Read the article.

 

 



October 2, 2014


Topic Area: Maintenance and Operations


Recent Posts

AI Adoption on the Rise Among Leaders

AI usage increased in all markets in the fourth quarter of 2025.


TriasMD Officially Opens DISC Surgery Center at Tarzana

At 10,930 square feet, DISC Surgery Center at Tarzana includes three high-technology operating rooms and 11 patient care bays.


Goshen Health Announces Partnership with Parkview Health

Through this partnership, Goshen anticipates becoming Parkview's largest hospital outside of Fort Wayne and will serve as a regional hub for care, access and growth.


Severe Winter Weather: What Healthcare Facilities Must Prioritize

Prioritizing critical systems and strategies is key to protecting patients, staff and operations during severe winter weather.


Recovery Centers of America Opens New Facility in Florida

Spanning 19 acres, the campus will include seven buildings, a pond, an outdoor recreation area with a pool, a full basketball court and a rock-climbing wall.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.