It might be a local hospital, but it’s also a regional powerhouse that dominates southeastern North Carolina. The county-owned hospital system, approved by voters in the early 1960s and opened in 1967, is doing well.
It has reported consistent profits in recent years. A New Hanover Regional Medical Center committee weighed options for the future of the Wilmington-based hospital system last week as the county seeks a partner to back the hospital, one of the largest in the southeastern region. But those are critical qualifiers. WILMINGTON, N.C. (WECT) - The board of trustees for New Hanover Regional Medical Center is also in favor of a deal with Novant Health. “New Hanover Regional Medical Center is a true asset to our region,” New Hanover County Manager Chris Coudriet said in a release about the possible sale. But selling the hospital and affiliated operations could eliminate local control and, some experts say, lead to higher medical costs in a monopoly market. Its mission is leading our community to outstanding health, with a vision of building a thriving community that serves as a …
NHRMC wields such leverage over the region that Folwell immediately slammed even the possibility of a potential merger.
It’s an unusual opportunity only possible because New Hanover Regional Medical Center is the third-largest county-owned health care system in the United States. New Hanover County comes first and foremost. Today, New Hanover Regional Medical Center and its affiliates include three hospital campuses and a total of 855 licensed beds. The possible sale of the county-owned hospital has been controversial since New Hanover officials first announced in late summer that they were exploring the medical center’s future status. Reprinted from North Carolina Health News. The county has released a draft proposal of how it plans to spend nearly $2 billion in proceeds from a future sale of the New Hanover Regional Medical Center… In response to community concern, the board established the Partnership Advisory Group (PAG) to review options for the community-owned hospital. New Hanover Regional Medical Center is the primary referral hospital in the region, with specialty centers in cardiac, cancer, obstetrics, trauma, vascular surgery, intensive care, rehabilitation, and psychiatry. The New Hanover County Commissioners held a public hearing Monday evening for input about the future of the New Hanover Regional Medical Center. New Hanover Regional Medical Center announced it was exploring options, including an outright sale. On the heels of a new $2 billion purchase option submitted this week by Atrium Health, a public hearing will be held Monday on which proposal New Hanover Regional Medical Center should accept in regards to a new partnership or sale of the hospital. It’s an unusual opportunity only possible because New Hanover Regional Medical Center is the third-largest county-owned health care system in the United States. Atrium Health , Barb Biehner , N.C. hospitals , New Hanover Regional Medical Center , Novant Health , Spence Broadhurst , Wilmington The undersigned petitions the New Hanover County Board of Commissioners to immediately cease any actions to consider the sale of New Hanover Regional Medical Center. Officials on Tuesday released the proposals from six health systems that submitted pitches about either buying New Hanover Regional Medical Center or partnering with the county-owned hospital. So well, in fact, that last year, NHRMC posted a nearly-$80 million increase in its net position. He’s concerned about New Hanover Regional Medical Center. In a vote Monday night, the New Hanover Board of Commissioners voted to begin negotiations with Novant for the sale of the Wilmington hospital. By Liora Engel-Smith Novant is the future of New Hanover Regional Medical Center, the county board of commissioners decided on Monday night, ending a nine-month process of searching for a suitor […] Over the years, New Hanover Regional Medical Center (NHRMC) has grown from a single hospital to the leading healthcare provider in southeastern North Carolina.