July 24, 2012

St. Francis, Johnson Memorial hospitals to sign affiliation pact

St. Francis Hospital and Johnson Memorial Medical Center are expected on Wednesday to sign an official affiliation agreement.

The agreement, which was announced in January, will allow Johnson Memorial to become a St. Francis Care partner, but continue to operate as an independent, separately licensed institution.

As part of the deal, St. Francis will be invited to participate in JMMC's board and has committed to provide capital to support daily operations at JMMC for up to five years.

There would also be a clinical integration of the two hospitals' medical staffs and a review of JMMC's opportunities for business development, growth and process improvement.

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